RE:The newsLiked2Think wrote: I take it as a good sign of the price they put the stock options to.
Why do it now though?
1. A reward to employees before things go up and up.
2. They need some more money but employees know things are sitting good so of course they will buy in which again will be seen as a win.
thoughts?
This can be somewhat normal course. However, I think the fact that they include employees here is so that all involved have the opportunity to participate, if desired. As well, when all employees are able to participate in the plan a company is able to use tools such as stock option loans without any tax conquences,etc., if they wanted.
As well, they probably just tagged the additional officer and director options in there as (I) the company already had a pre-approved allotment of options that could be issued and (ii) it can be free money as the dilution of the additional options/shares is negligible in the big picture.
I see this as a positive.