Its not unusual. But I think you will find that the back date coincides with the final approvals coming through and im betting his job kicked up 10 fold from what it had been previously, likely alot of waiting for court dates etc...
Personally im taking it as a massive vote of confidence really, because I imagine its only going to be more work from here, and that deal could be a windfall but just as likely a massive loss for him. Its definitely incentive to do it right.
It also means he is betting significant money that the share price has a LOT of growth coming over the next 24 months. Starting pretty much right now, to avoid potential loss.
In my mind, Lindsay just put his money where his mouth is. And those numbers make it a pretty massive windfall for current shareholders if it plays out like that.
Ann: Changes to CEO remuneration, page-7
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