I had a feeling this could come up - so tell me, g
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I had a feeling this could come up - so tell me, genius, does your CEO purchase the stock options with his own money and take risk like you? Or do they come free with his salary which he has collected for well over a decade while adding absolutely no value to shareholders - unless you think a declining stock price
No, stock options are not free, NP had a choice between taking cold hard cash or those stock options. If he choose stock options over cash, nothing was free, he gave up cash for the options. There is no such thing as a free lunch people. He has millions of dollars invested, that could be in his bank account right now, that he has given up for those stock options. That is like saying I make $50k per year, but it comes free with my salary.
On a similar note the BOD in the additional work was being paid in stock options, which estimated pay as 26c per stock option in the recent 10q.