Quarterhill Inc T.QTRH

Preview of the options parade now on SEDI

[v_guerriero]

New options posted on SEDI today that have a strike price well below current prices. 

Stephen Thompson granted 65,000 shares at a strike price of 1.81.  

Also granted 22,129 RSUs

Very sad that they are granting options so far below current prices.

I am not a shareholder now so don't care, but you all should be up in arms.

[v_guerriero]

Just wait until Brett and his newly hired CFO get their hands on their share of the spoils.  And the Board members get their annual grant of free options.  I didn't think you could grant options so far below the current price.  But, hey, at QTRH anything goes! This would definitely change my view after his 1-2 million free options are posted on SEDI.  Brett wont need

[v_guerriero]

And ask yourself this, how did the Board agree to set the strike price of options granted to the interim CFO at 1.81?  And will likely be the grant price for Brett and the new CFO.   There has to be a fair value opinion that would have to justify such a discount to the current stock price.   Is 1.81 fair value? is that why former CEO and Board member Jim Skippen sold 1/3 of

[mrmoribund]

I can tell you why options have just appeared (on SEDI) with a strike price of only $1.81. Not all options that are granted will appear on SEDI. Only those held by senior officers of a certain rank. When Stephen Thompson was promoted to interim CFO (from CFO of Wilan) he rose to the level where his options (and other trading, etc.) now had to be reported on SEDI. Those options (strike price $1

[mrmoribund]

Okay, I think I know the answer with regard to the transaction date (for Stephen Thompson's options) being shown as 2022-01-31 (even though it was really 2020-03-02). In the SEDI system, if you report a transaction date and filing date more than 10 days apart, the SEDI computer will think you've filed late and it will automatically send you a fine. The fine used to be as high as $1,000

[v_guerriero]

So the only alternative answer is that the SEDI transaction is incorrectly captured?   So don't believe what you see.  What you see is wrong.  That sounds suspicious.  Well, it is QTRHs responsibility to advise them of that and correct it. It is kind of like QTRH's press release on the Apple outcome.  Don't believe what you read, we actually won.  

[Homework]

call Mgmt ....................................................... 

[pinetree4]

VG, you are overheating. Go out take a walk. Talk to your family take care of people around you. Once your emotion settles, come back.  I have enjoyed lots of posts from you, but it's full of negative energy now. You need to chill for a few days XD

[Justhalffull]

Thompson was sr VP finance, a position not considered an insider under reporting rules.  He received options back in 2020 when the shares were trading in the 1.80's.  He was promoted to CFO on Jan  31 2022.  The CFO position is an insider reporting required position,   Any employee could receive options, but if they are promoted high enough to be considered an insider,

[junglejames]

mrmoribund: The SEDI interface has never been updated since I've been using it.  It is awkward and while it can be useful, it is rarely (ever) complete.  Sadly it's just another poor effort at corporate governance in Canada.   I once caught a late night posting of a large insider sale just before an expected report on an off-shore wildcat well.  I sold everything