AVA 1.59% 9.6¢ ava risk group limited

Ann: Change of Director's Interest Notice - Maginnis, page-2

  1. 2,988 Posts.
    lightbulb Created with Sketch. 1136

    Maginnis got 1.5m performance shares with 500k vesting each Jan (starting 2024) if the price was 12%, 40% and 160% higher than the start date.

    Price at 9th Jan23 was ~23.5c....hence 500k shares lapsed

    Unclear to me where he got the additional performance awards (which seems to be what he converted today), but if they gave him ~1.4m performance shares then it seems quite generous for only having started in Jan23
 
watchlist Created with Sketch. Add AVA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.