Sherritt International Corp T.S

Lavish rewards of past 11 months... Many grants in the $.30s

[rkhosla]

Transaction Shares/ Account

Date Insider Name Ownership Type Nature of Transaction Security Price ($) Units Change* Account Balance

Jan 16/23 Director Belanger, Maryse Direct Ownership Rights granted Deferred Share Units 0.610 36,886 2.8% 1,349,781

Jan 16/23 Director Hancock, Peter James Direct Ownership Rights granted Deferred Share Units 0.610 36,886 20.6% 216,034

Jan 16/23 Director Lapthorne, Sir Richard Dougl...Direct Ownership Rights granted Deferred Share Units 0.610 36,886 3.9% 984,631

Jan 16/23 Director Lo, Chih-Ting Direct Ownership Rights granted Deferred Share Units 0.610 36,886 28.0% 168,734

Jan 16/23 Director Pankratz, Lisa Marie Direct Ownership Rights granted Deferred Share Units 0.610 36,886 4.0% 962,424

Jan 16/23 Director Warwick, John Michael Direct Ownership Rights granted Deferred Share Units 0.610 36,886 2.7% 1,395,209

Nov 8/22 CFO Gabriel, Yasmin Direct Ownership Public market buy Common Shares 0.440 23,000 33.7% 91,200

Nov 8/22 Officer Honig, Gregory Timothy Direct Ownership Public market buy Common Shares 0.450 50,000 76.3% 115,515

Nov 7/22 CEO Binedell, Leon Direct Ownership Public market buy Common Shares 0.450 50,000 21.0% 288,578

Oct 15/22 Director Belanger, Maryse Direct Ownership Rights granted Deferred Share Units 0.390 57,693 4.6% 1,312,895

Oct 15/22 Director Hancock, Peter James Direct Ownership Rights granted Deferred Share Units 0.390 57,693 47.5% 179,148

Oct 15/22 Director Lapthorne, Sir Richard Dougl...Direct Ownership Rights granted Deferred Share Units 0.390 57,693 6.5% 947,745

Oct 15/22 Director Lo, Chih-Ting Direct Ownership Rights granted Deferred Share Units 0.390 57,693 77.8% 131,848

Oct 15/22 Director Pankratz, Lisa Marie Direct Ownership Rights granted Deferred Share Units 0.390 57,693 6.6% 925,538

Oct 15/22 Director Warwick, John Michael Direct Ownership Rights granted Deferred Share Units 0.390 57,693 4.4% 1,358,323

Jul 15/22 Director Belanger, Maryse Direct Ownership Rights granted Deferred Share Units 0.350 64,286 5.4% 1,255,202

Jul 15/22 Director Hancock, Peter James Direct Ownership Rights granted Deferred Share Units 0.350 64,286 > 100% 121,455

Jul 15/22 Director Lapthorne, Sir Richard Dougl...Direct Ownership Rights granted Deferred Share Units 0.350 64,286 7.8% 890,052

Jul 15/22 Director Lo, Chih-Ting Direct Ownership Rights granted Deferred Share Units 0.350 64,286 > 100% 74,155

Jul 15/22 Director Pankratz, Lisa Marie Direct Ownership Rights granted Deferred Share Units 0.350 64,286 8.0% 867,845

Jul 15/22 Director Warwick, John Michael Direct Ownership Rights granted Deferred Share Units 0.350 64,286 5.2% 1,300,630

May 18/22 Director Lo, Chih-Ting Direct Ownership Public market buy Common Shares 0.640 32,000 > 100% 32,000

Apr 15/22 Director Belanger, Maryse Direct Ownership Rights granted Deferred Share Units 0.760 29,606 2.5% 1,190,916

Apr 15/22 Director Hancock, Peter James Direct Ownership Rights granted Deferred Share Units 0.760 29,606 > 100% 57,169

Apr 15/22 Director Lapthorne, Sir Richard Dougl...Direct Ownership Rights granted Deferred Share Units 0.760 29,606 3.7% 825,766

Apr 15/22 Director Lo, Chih-Ting Direct Ownership A Rights granted Deferred Share Units 0.760 9,869 > 100% 9,869

Apr 15/22 Director Loader, William Adrian Direct Ownership Rights granted Deferred Share Units 0.760 29,606 3.8% 809,686

Apr 15/22 Director Pankratz, Lisa Marie Direct Ownership Rights granted Deferred Share Units 0.760 29,606 3.8% 803,559

Apr 15/22 Director Warwick, John Michael Direct Ownership Rights granted Deferred Share Units 0.760 29,606 2.5% 1,236,344

Mar 16/22 CFO Gabriel, Yasmin Direct Ownership Public market buy Common Shares 0.670 15,000 28.2% 68,200

Mar 2/22 Officer Saruk, Elvin Direct Ownership Option expiration Options 0.00 -52,700 -5.7% 872,254

Mar 1/22 Director Lo, Chih-Ting Direct Ownership Opening report Deferred Share Units 0.00 0 n/a 0

Mar 1/22 Director Lo, Chih-Ting Direct Ownership Opening report Common Shares 0.00 0 n/a 0

Feb 28/22 CFO Gabriel, Yasmin Direct Ownership Exercise for cash Performance Share Units 0.590 -13,521 -2.4% 540,313

Feb 28/22 CFO Gabriel, Yasmin Direct Ownership Buyback, redemption, or cancellation Performance Share Units 0.00 -11,990 -2.1% 553,834

Feb 28/22 CFO Gabriel, Yasmin Direct Ownership Exercise for cash Restricted Share Units 0.590 -25,511 -4.5% 540,313

Feb 28/22 Officer Ross, Chad Robert Direct Ownership Exercise for cash Performance Share Units 0.590 -37,858 -6.5% 540,739

Feb 28/22 Officer Ross, Chad Robert Direct Ownership Buyback, redemption, or cancellation Performance Share Units 0.00 -33,571 -5.5% 578,597

Feb 28/22 Officer Ross, Chad Robert Direct Ownership Exercise for cash Restricted Share Units 0.590 -71,429 -11.7% 540,739

Feb 28/22 Officer Rusnell, Daniel Carr Direct Ownership Exercise for cash Performance Share Units 0.590 -70,307 -9.1% 706,250

Feb 28/22 Officer Rusnell, Daniel Carr Direct Ownership Buyback, redemption, or cancellation Performance Share Units 0.00 -62,347 -7.4% 776,557

Feb 28/22 Officer Rusnell, Daniel Carr Direct Ownership Exercise for cash Restricted Share Units 0.590 -132,654 -15.8% 706,250

Feb 28/22 Officer Saruk, Elvin Direct Ownership Exercise for cash Performance Share Units 0.590 -262,296 -10.3% 2,292,869

Feb 28/22 Officer Saruk, Elvin Direct Ownership Buyback, redemption, or cancellation Performance Share Units 0.00 -232,602 -8.3% 2,555,165

Feb 28/22 Officer Saruk, Elvin Direct Ownership Exercise for cash Restricted Share Units 0.590 -494,898 -17.8% 2,292,869

Feb 28/22 Officer Sellers, Edward Arnold Direct Ownership Exercise for cash Performance Share Units 0.590 -270,409 -10.3% 2,363,783

Feb 28/22 Officer Sellers, Edward Arnold Direct Ownership Buyback, redemption, or cancellation Performance Share Units 0.00 -239,796 -8.3% 2,634,192

Feb 28/22 Officer Sellers, Edward Arnold Direct Ownership Exercise for cash Restricted Share Units 0.590 -510,205 -17.8% 2,363,783

Feb 28/22 Officer Wood, Stephen James Direct Ownership Exercise for cash Performance Share Units 0.590 -305,562 -10.3% 2,671,075

Feb 28/22 Officer Wood, Stephen James Direct Ownership Buyback, redemption, or cancellation Performance Share Units 0.00 -270,969 -8.3% 2,976,637

Feb 28/22 Officer Wood, Stephen James Direct Ownership Exercise for cash Restricted Share Units 0.590 -576,531 -17.8% 2,671,075

Feb 22/22 CEO Binedell, Leon Direct Ownership Rights granted Performance Share Units 0.600 1,008,334 > 100% 1,629,476

Feb 22/22 CEO Binedell, Leon Direct Ownership Rights granted Restricted Share Units 0.600 1,008,334 > 100% 1,629,476

Feb 22/22 CFO Gabriel, Yasmin Direct Ownership Rights granted Performance Share Units 0.600 291,667 > 100% 565,824

Feb 22/22 CFO Gabriel, Yasmin Direct Ownership Rights granted Restricted Share Units 0.600 291,667 > 100% 565,824

Feb 22/22 Officer Honig, Gregory Timothy Direct Ownership Rights granted Performance Share Units 0.600 270,834 68.3% 667,176

Feb 22/22 Officer Honig, Gregory Timothy Direct Ownership Rights granted Restricted Share Units 0.600 270,834 68.3% 667,176

Feb 22/22 Officer Ross, Chad Robert Direct Ownership Rights granted Performance Share Units 0.600 186,667 43.9% 612,168

Feb 22/22 Officer Ross, Chad Robert Direct Ownership Rights granted Restricted Share Units 0.600 186,667 43.9% 612,168

Feb 22/22 Officer Rusnell, Daniel Carr Direct Ownership Rights granted Performance Share Units 0.600 200,000 31.3% 838,904

[FrozenInOntario]

Do not really understand the lavish comment when you link it to the share price. The directors received 90 000/year.  This is divided every quarter and the DSU are issue at the stock price Sherritt is then trading.   This is a fair way to distribute the DSU. Now, you may disagree with the amount of directors fees ( 90 000  cash and 90 000 in DSU + some cash amount if they

[downwithdotcom1]

official technical position...MEH....ie SO WHAT??? its a penny stock largely operating out of COMMIE country with a 60 year unfair embargo and you care about DSUs??? seriously??? bizarre..dwdc

[VerificateASAP]

This post has been removed in accordance with Community Policy

[rkhosla]

Here is 2021 Director compensation and below it value Dec 31 2021 of DSUs held - worth more today obviously.  Helms Burton Allowance discontinued April 1 2022.  Agree incentivising them to work towards higher SP makes sense.  To me for a penny stock, they are getting over-compensated....  Keep in mind two of them joinned mid-year.  Applaud them for making reductions this

[FrozenInOntario]

Hey RK, Thanks for this.  I read and reread the mgt info circular and did not pick up that eliminated the Helms Burton allowance.   So basically, total board compensation went from $ 1 860 000 to $ 1 260 000 or 32% decrease.   How often do you see this in corporate land ? Are they overpaid for a penny stock ?  Probably, if it stays as a penny stock.  No if the

[rkhosla]

I take your point - that is a respectable reduction.  And I do hope their DSUs prosper along with our shares : )  I guess I am just a bit sensitive to grants with the RSU debacle pending.  

[FCPlady]

S is still trading well below a $1. Binedell hasn't delivered as much as you say. 

[FrozenInOntario]

Management does not control the share price.   If they keep on executing like they have been doing the last 18 months, the share price will take care of itself. Of course, Nickel and Cobalt price have to contribute also, and management can not do anything about this.   GLTA