(Total Views: 365)
Posted On: 04/19/2017 10:23:23 PM
Post# of 15624
Like I said this was the most interesting part to me of this section because it means that the Officers of the company are personally financially motivated to increase the stock price in order to increase their own reward, and their reward would be a lot of money if they were able to get the price above $5 or double digits. There's a lot of motivation for them to get OWCP uplisted now.
Between the 4 Company Officers listed, the ESOP plan is for a total of 24,750,000 options to vest in 2 years.
Quote:
3) Under the Company’s 2016 ESOP, 10 million options were granted to Mr. Bignitz, 750,000 options were granted to Mr. De-Saban, and 7 million options were granted to Dr. Baruch and Mr. Sinai during 2016. Subject to the provisions of applicable Israeli laws, these options are held by a trustee and vest after a period of two years and, as a result, are not included in the above table.
Read More: https://investorshangout.com/post/view?id=449...z4ekgh0zrk
Between the 4 Company Officers listed, the ESOP plan is for a total of 24,750,000 options to vest in 2 years.
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