FFG 5.88% 1.6¢ fatfish group limited

Shame you didn't look into the vesting conditions of those...

  1. 1,261 Posts.
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    Shame you didn't look into the vesting conditions of those performance rights prior to posting.

    According to the below, only 3,000,000 of those rights would've vested so far.

    So it can't be him dumping into retail as you allege.

    1. Vesting Terms
    2. General Terms
    (a) The Performance Rights shall lapse at 5.00pm WST on the respective expiry date
    for each Vesting Condition (Expiry Date).
    (b) The Performance Rights will be granted for nil consideration, as their primary
    purpose is to provide a performance and retention linked incentive component
    of the remuneration package of Mr Campbell (Holder), to motivate and reward
    their performance with the Company.
    No. Vesting Conditions Expiry Date Performance
    Rights
    1. Upon acceptance of Mr
    Campbell’s Engagement
    Letter
    24 January
    2027
    3,000,000
    Performance Rights
    shall vest
    2. Launch of social casino
    gaming product by FFG or
    related entity
    24 January
    2027
    7,500,000
    Performance Rights
    shall vest
    3. Upon the product achieving
    first daily revenue of USD
    10,000 of social casino
    gaming related ventures of
    the Company
    24 January
    2027
    6,000,000
    Performance Rights
    shall vest
    4. Upon the product achieving
    first daily revenue of USD
    25,000 of social casino
    gaming related ventures of
    the Company
    24 January
    2027
    10,000,000
    Performance Rights
    shall vest
    5. Upon the product achieving
    first daily revenue of USD
    50,000 of social casino
    gaming related ventures of
    the Company
    24 January
    2027
    10,000,000
    Performance Rights
    shall vest
    6. Upon the product achieving
    first daily revenue of USD
    250,000 of social casino
    gaming related ventures of
    the Company
    24 January
    2027
    10,000,000
    Campbell
    Performance Rights
    shall vest
    7. Upon the product achieving
    first daily revenue of USD
    500,000 of social casino
    gaming related ventures of
    the Company
    24 January
    2027
    10,000,000
    Campbell
    Performance Rights
    shall vest
    Total 56,500,000
    Last edited by radioactive: 19/03/24
 
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