The share based benefits are an interesting part of the salary package. I assume he doesn't actually receive those benefits until he converts his options which have performance based criteria attached to them. If he achieves those criteria and converts all his oppies he will have to tip in approx. $24m to convert. I hope he does get to do that as all shareholders will then receive a benefit.
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- Ann: Notice of Annual General Meeting/Proxy Form
Ann: Notice of Annual General Meeting/Proxy Form, page-11
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