I mean it's nice to have a slightly lower SOI (net) even if these options all get converted.
The exercise price of $12.91 is also (slightly) above the average price paid for the SBB which is around $12.03~
The other consideration is that the shares issued to management are less likely to be dumped onmarket willy nilly compared to shares in the free float pool. It can happen but I think Jon's big payday will be when the company is (maybe) purchased. He will cash in the day all of us do
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