Companies have approved by shareholders employee incentive...

Companies have approved by shareholders employee incentive schemes where they can reward employees with benefits over and above their normal salary for exceptional work or to induce them to remain with the company doing their exceptional work.

The announcement has the company awarding under this scheme 3,225,000 options to an employee/s for no charge however if the employee/s want to convert them into shares on the ASX they have to pay 34.5 cents for each option which is the current price of Brainchip shares.

Common sense dictates that if an employee is going to be pleased by Brainchip giving him/her these options then they must think that the price of Brainchip shares is going to go up in the future.

"– the securities are being issued for nil
issue price with options subject to an
exercise price of $0.345 per option, and in
conjunction with the Company’s employee
incentive scheme"

My opinion only DYOR.