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Bullboard - Stock Discussion Forum Sherritt International Corp T.S

Alternate Symbol(s):  SHERF

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... see more

TSX:S - Post Discussion

Sherritt International Corp > RSU grant date. Anyone know?
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Post by NorthVan77 on Feb 21, 2023 12:15pm

RSU grant date. Anyone know?

So we have over 20 million RSUs due this year does anyone know the grant date?
Comment by VerificateASAP on Feb 21, 2023 1:37pm
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Comment by VerificateASAP on Feb 21, 2023 1:46pm
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Comment by Contrarian333 on Feb 21, 2023 3:09pm
20m RSU + 20m PSU all granted approx 3 years ago.  My understanding is that the 5 day VWAP period for these awards starts today.  I believe the payout date is Mar 9.
Comment by NorthVan77 on Feb 21, 2023 3:41pm
Thx. Do you know what the specific criteria for the PSU was? They state on the Q4 that it can range from 0% to 200% payout but I'm unclear as to the specifics and what that will mean in terms of compensation. My understanding is the RSUs are simply the equivalent of a common share in terms of payout at least as I understand it from the Q4 report but this too I am unclear on.
Comment by Contrarian333 on Feb 21, 2023 4:21pm
re PSU The only thing I can tell you is that when I asked the Chair of the Human Resources committee as to whether the performance criteria had been met for these PSU's - he said "yes". Yes, the RSU value is the price of the stock over the 5 day VWAP period X the number of units granted.  
Comment by VerificateASAP on Feb 21, 2023 4:42pm
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