Thanks for posting this. It gives some context but not enough...

Thanks for posting this. It gives some context but not enough detail I feel.

I would like to know what are the "financial goals; Return on invested capital, Total Shareholder Returns and Return on capital employed" that trigger these shares? Further I'd be interested to know why the proposal is for a quantum of ~5% of the Issued Capital? In effect you have a 'kitty'. I'd rather the BoD determine what you want (ie how many?) & for for what (ie what KPI's determine what quantum of bonus?) rather than having a 'reserve'. I'm cynical.....when you tell someone you have 'X' to spend......often that amount is taken not as a ceiling but as the amount to expend. ~5% is gifting away too much of the company.

Again appreciate the post & Dan P posting the questions.