DingoBorat
Slim
I think this matter needs to be spelt out in plain English, for the benefit of all.The Options granted to Mr Hernandez lapsed on 1 March 2022, following his resignation from the Company.
What would these options have cost him to convert?
We know where SP was in the months previous to this and also during Sep '20. Why didn't he convert?
And it was the company's fault he was pushing for an alteration to his signed contract? How so?
Was there an exercise price for the options (as sometimes there's not).
I think the Company has stated, that it was beneficial for them at the time, that they were not exercised, how so?
How do the RSUs to be awarded, differ from the options that lapsed, do they entail extra benefit to Mr Hernandez?
Why is there risk of legal repercussions? On what grounds? And to what effect?
This needs to be all explained, in as simple terms, in the least volume, but containing all the facts.
It can't be that hard..
This seems to be a very important resolution, that the Company needs to get past/passed, but it's not being explained properly, in my opinion.
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