You make some interesting points. Here's my tak

You make some interesting points.

Here's my take:

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The question is whether part of the new 100m share authorization is earmarked to renew performance shares with a later expiration date

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I don't think those BTD shares necessarily need to be renewed. Those shares are theoretically still in within the company's coffers -- so I'm guessing they can be reassigned to a revised incentive plan -- or not.

Now, whether or not other portions of those newly authorized 100M shares are used for future incentives -- I would not be surprised.

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I also believe that Nader's/Kelly's sale/reinvestment last month came with some sort of handshake deal with the board that they could recoup those shares in the future in exchange for the sale to pay Samsung, and I would be somewhat ok with that..

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I've been operating under that assumption as well. And I wouldn't just be "somewhat ok" with that -- I'd be wholeheartedly ok with that.