pete's 400,000 options vote, page-23

I would happily vote for 400,000 options at a strike price equal to the SP immediately after the FDA approval.

my reasoning is that up to that point you could say that the delays were out of their hands. They had been promising and working towards FDA approval and they got it. Happy to take that as the base case and reward any improvement beyond that.

Conversely should management then stuff up totally as we've seen there should be no reward for that. Rather their immediate target should be to get the SP back to where it was before the stuff ups occurred. That should be what they are paid for. Incentive plans should only offer returns once that minimum is achieved.