I think you’ll find they are closer to 75c (it is US$0.56, not AUD) and they have a four year vesting period. They are for new employees, which the announcement says the majority of which are going to the new gun hire that they had been talking about for so long who has just joined, VP of Product. It is pretty standard for employees to be incentivised to stay for a number of years with the company by giving them stock…
And woo! $1 party!
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