Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Copper

Sherritt International Corporation is a Canada-based company engaged in the mining and refining of nickel and cobalt metals essential for the adoption of electric vehicles through hydrometallurgical processes. The Company is engaged in the production of high purity nickel and cobalt metals from lateritic ore. Its technologies group creates solutions for oil and mining companies around the world to improve environmental performance. The Company offers a range of products including Nickel, Cobalt, Fertilizers and Other Products. The Nickel products category includes standard grade, steel grade, and nickel powders. The Cobalt products category includes cobalt briquettes and cobalt powders. The Company’s Fertilizers product category includes anhydrous ammonia, granular ammonium sulfate, crystalline ammonium sulfate-super salt, and crystalline ammonium sulfate-standard grade. The Other products category includes sulfuric acid, zinc sulfide, and copper sulfide.

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Sherritt International Corp > DSU and RSU

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Comment by rkhoslaon Dec 13, 2022 1:08pm

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Post# 35168875

RE:DSU and RSU

Yes last 5 trading days of Feb. 16 cents I believe.

FrozenInOntario wrote: Hello,

Was looking at the financials. We have 40 millions (DSU/RSU) vested for 2020. So the way I understand it, Sherrit will have to pay 20 millions DSU * share price and 20 millions * share price but ajusted for stock performance and company performance.
The note on the financials indicated that most are vested.
Question,
A) Date
At what date is the stock price calculated. From management information circular, it appeared to be be around February 22. (5 days moving average). Is this correct ?
B) RSU
Pretty sure that they will earn 100% of company performance.
What is the basis for the share price ?
Thanks in advance