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Bullboard - Stock Discussion Forum Sirona Biochem Corp V.SBM

Alternate Symbol(s):  SRBCF

Sirona Biochem Corp. is a cosmetic ingredient and drug discovery company with a proprietary technology platform developed at its laboratory facility in France with a specialization in the stabilization of carbohydrate molecules. The Company is exploring the areas of diabetes, dyschromia, anti-aging, anti-cellulite and antiviral therapies and relies on a business model of licensing patents to... see more

TSXV:SBM - Post Discussion

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Post by Transperance on Jan 04, 2022 11:08am

Options

"..........4,000,000 incentive stock options to management, independent directors and consultants of the Company."

Is there some way to understand how many of the options granted that are allocated to consultants such as Linda Pullan and her colleagues?
Comment by lscfa on Jan 04, 2022 11:17am
Wait for insider reports and subtract that no. from total to get consultants share.    
Comment by Tickel1st on Jan 04, 2022 12:05pm
This post has been removed in accordance with Community Policy
Comment by biorun on Jan 04, 2022 1:28pm
Sure. If she makes it rain, we should pay.   
Comment by str8goods4achg on Jan 04, 2022 4:55pm
The important thing for me about this most recent grant of options is the vesting period. It is 5 - 10 years. More usual versting period would be 2 years.  This suggests, to me, confidence by management that SBM will still be around at that time and it will be worth the wait. It also suggests that the recipients are also confident that SBM will be around and the share price will be at a level ...more  
Comment by Tickel1st on Jan 04, 2022 5:15pm
This post has been removed in accordance with Community Policy
Comment by lscfa on Jan 04, 2022 6:23pm
There is no vesting period. The options can be exercised immediately. The expiry dates are 5 to 10 years. Consultants like to get in and out fast.  
Comment by str8goods4achg on Jan 05, 2022 12:27pm
@Iscfa I stand corrected. 5 - 10 expiry and options maybe subject to performance-based vesting provisions as determined by the BOD. GLTA
Comment by lscfa on Jan 07, 2022 9:18pm
p.s these 3 are NOT independent directors!!!!!
Comment by lscfa on Jan 07, 2022 8:50pm
3.5 million options to the 3 directors, so 500,000 to consultants.   Filed 2022-01-07 16:10   Tx date 2022-01-03 $SBM  Sirona Biochem Corp. Deliencourt-Godefroy, Geraldine Annick Sylviane 4 - Director of Issuer, 5 - Senior Officer of Issuer Direct Ownership Options 50 - Grant of ...more  
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