Why does he need another 500,000 options? Simple, to tie him to the company for another 3 years. If he doesn't get it or a significant pay rise, he may bolt next June after his shares vest. If he doesn't stay the 3 years he loses the options.
Ann: 2019 Letter to Shareholders, page-74
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #