"The overwhelming majority of my compensation is non-cash in the form of restricted stock and stock options with significant performance and market-based milestones that are clearly aligned to build shareholder value...Indeed, I will not realize the value of these stock and option awards until milestones are achieved that would essentially require the Company to have a market capitalization of $1.7 billion, roughly five times today’s market capitalization. As another example, some of my stock options have a strike price of $6.64 but will not vest until Unilife’s stock price exceeds $17.82"
Maybe Alan thinks he can ramp his way to the package, I will be very surprised if he can get 11 more contracts by year end, in fact, ill be surprised if they get 1 more... Time will tell but I think UNS will go down below 50c shortly... I'm not downramping, just don't have a good feeling about this... I have been burnt by director hype before and this feels no different...
UNS Price at posting:
58.5¢ Sentiment: None Disclosure: Not Held