Checks out and is a common cashless exercise, or sell to cover transaction.
After meeting the performance hurdle, 8M rights vested and are therefore taxed as ordinary income in that financial year, with the price per unit being the market price as at the date of vesting.
Sold 3.8M ordinary shares on market to pay for those taxes, implying a ~47.5% tax rate, assuming the vest and sale price was the same.
Ann: Change of Director's Interest Notice - V. Ippolito, page-5
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Last
29.8¢ |
Change
0.003(0.85%) |
Mkt cap ! $583.3M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 31.0¢ | 28.5¢ | $2.220M | 7.471M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25468 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 4406 | 1 |
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| Last trade - 15.59pm 18/06/2025 (20 minute delay) ? |
| BOT (ASX) Chart |