Ann: Change of Director's Interest Notice - Hehir, page-30

Top marginal tax rate in USA is 37%, given CEO salary & stock awards he would be on this tier, so to cover tax on RSU's, his tax implication at conversion should be 37%, so as he has been handed another 2000000 shares for ZERO sales at a calculated rate of $0.26 per share, it would look like this;
2000000 x AUD$0.26=AUD$520000 x 37% = AUD$192400

So, if CEO is actually only selling shares to cover tax implication he should only be selling AUD$192400 / 0.26 = 740000 shares.

There you go, hope that all makes sense. Not bad, being rewarded $520k for achieving zero sales! Wonder how many of us would be rewarded for no success, and awarded so much???

GLTA, IMO, DYOR, TICK TOCK Sean, time to go, NEXT!