UNI 0.62% $4.84 universal store holdings limited

uni director buys 10 million shares, page-4

  1. 1,775 Posts.


    (kates9999)

    Talk about feathering ones own nest.

    Mr Alan Shortall was issued those shares,

    5,000,000 Shares Escowed until 28th Dec 2009.
    5,000,000 '' ''' '' 28th Dec 2010
    Subject to early vesting criteria.
    7,500,000 ESOP Options Exercise price 33 cents
    Expiry 30th Sept 2013 Subject to Speacial Vesting
    Criteria.

    I was a s/holder about 4 or 5 years ago, and done a
    substantial amount of money, people involved in the
    company back then were mining the market, and done it
    successfully, but in saying that, I know the company
    would be going places if they got FDA approval.

    IMHO The Options should of had a higher exercise price
    33 cents by the 30th Sept 2013 is really a joke,
    considering the shares last traded @ 27.5.C The shares
    traded @33 cents in mid Sept last year.
    Re reading the updated ann IMHO he has already met the
    Vesting Criteria. So that means he can dispose of the
    shares at anytime that he wants.

    So all I would like to say is, you as a s/h paid for
    these shares.

    IAH Go UNI, I may have to get back in.

    RE Simmo


 
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