AVA ava risk group limited

Ann: Change of Director's Interest Notice - Maginnis, page-2

  1. 3,283 Posts.
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    Maginnis got 1.5m performance shares with 500k vesting each Jan (starting 2024) if the price was 12%, 40% and 160% higher than the start date.

    Price at 9th Jan23 was ~23.5c....hence 500k shares lapsed

    Unclear to me where he got the additional performance awards (which seems to be what he converted today), but if they gave him ~1.4m performance shares then it seems quite generous for only having started in Jan23
 
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