SSN 0.00% 1.5¢ samson oil & gas limited

samson oil & gas lodges quarterly report and a, page-67

  1. 2,099 Posts.
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    rcrow -

    "all necessary shareholder approvals of this Program and the Award, IF ANY." - May 30th is the if any. After that, not any.

    your point about remaining in employment with SSN to keep their entitlements is negated by the following - (there's always a get out clause. capitals my emphasis)

    Section 3. Vesting Schedule.
    3.2 Upon a Participant’s termination of employment for any reason, all unvested Awards shall be forfeited by such Participant; provided, however, unvested Awards will vest immediately if the termination of employment is the result of death or Disability (as defined by the Committee in the Rules) and will continue to vest after termination if such termination is the result of Retirement (as defined by the Committee in the Rules) and the PARTICIPANT PROVIDES CONSULTING SERVICES to Samson after such Retirement for so long as such Awards continue to vest.
 
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Currently unlisted public company.

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