Took home a 40k salary last FY
Got Issued 750k Performance Rights in Jan 2022 (Expended over 5 years at an assumed $1.50 value, subject to SP reaching targets)
Now seeking another 750k Performance Rights at upcoming AGM (To be expended over 5 years at an assumed $1.20 value, subject to SP reaching targets)
If voted in, that would be on average of 300k Performance rights a year at an average assumed value of $1.35 over 5 years (1.5m Performance Rights in Total) I.e. 405k assumed value in Performance Rights every year for the next 5 years
That is a 40k cash salary + 405k worth of Performance Rights a year .........
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