RE:RE:Mgmt circ on sedarIs this an indication of stupidity? No, it's more than stupidity.
I would love VMD to return to its highs! This is how I will make a triple digit return! And I do not care if the insiders make $25 million because I will also make a triple digit return too!
Some posters here really represent the epitome of stupidity. donmayne wrote: Also, their Stock Compensation Plans are egregious. If the share price were to return to its all time high, the senior management team will profit by more than $25 Million. Every year, new awards. When the price fell, it gave them opportunity for lower exercise prices. Meanwhile the retail shareholders suffered huge losses making VMD one of the worst performers in many portfolios.
| Options granted to management insiders |
| Date of Grant | Options granted | Exercise Price | Expiry date | 1/3 Vesting |
| 04-Jan-18 | 563,737 | 2.27 Cdn | 04-Jan-28 | Yrs 1, 2 & 3 |
| 17-Jan-19 | 786,452 | 5.49 Cdn | 17-Jan-29 | Yrs 1, 2 & 3 |
| 17-Jan-20 | 640,835 | 7.44 Cdn | 17-Jan-30 | Yrs 1, 2 & 3 |
| 21-Jan-21 | 524,711 | 10.63 Cdn | 21-Jan-31 | Yrs 1, 2 & 3 |
| 18-Jan-22 | 371,102 | 5.21 US | 18-Jan-32 | Yrs 1, 2 & 3 |
| 18-Jan-22 | 252,345 | RSUs | 18-Jan-25 | Yrs 1, 2 & 3 |
| 18-Jan-22 | 123,692 | Phantom Sh | 18-Jan-25 | Yrs 1, 2 & 3 |