RE:RE:2023 Stock comp compensation - Options are backYeah, it looks like it will be another 10 days until the SUs get vested. Do not believe that the stock will pop when the 2020 vest : the price of nickel is the main factor that should have an impact on their stock price. It has been going down lately, I still think it will trend higher in the medium to long term.
Been thinking about the options replacing the DSU. Do not know when the options vest and are exerciable but assume that that is 3 years. Binedell received 1 408 015 options at .53 which are equivalent to 655 660 RSU at .53. So the stock price has to be increase to $ 1.00 to represent the same amount in his pockets everything being equal. Of course, he would expect the stock price to be higher than this as options do not have any downside protection : if the stock price stays at .53 or lower, the options are worthless but the RSU are still worth something. Anyway, gets him and management more in line with us shareholders. And I love it when CPA are getting bullish.
GLTA