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 > 2023 Stock comp compensation - Options are back

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Comment by rkhoslaon Feb 28, 2023 9:45am

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Post# 35309342

RE:2023 Stock comp compensation - Options are back

Thank you for this. Great research. Might explain why we are not popping today. So... maybe 10 more days?

FrozenInOntario wrote: The 2023 SUs just got disclosed on SEDI.

The PSU still represents 50% of the salary. DSU represents 25% and they now have options being awarded, first time since 2018 from what I can see.
So Binedell got $ 695,000 in PSU and $ 347,500 in RSU at .53/share. As well as 1,408,015 options at .53. For those keeping score, this was done on Feb 21 so expect the RSU/DSU to vest on Feb 21 2026 (actually Feb 23 2026 at the 21 falls on a week end).

I see this as a positive, management suspended options being granted when the stock was getting nowwhere.

GLTA,

On the 2020, transactions date on SEDI is 2020-03-09 when all prior or subsequent years were done in February. I checked and the prior years vesting matched with the issue date (3 years) So, the countdown might need to be delayed.