One Director had 2 million options that expired at 31 May 2011. The meeting seeks to approve 500,000 replacement directors options in four tranches of 125,000 each. The exercise price varies as a percentage above the 5 day vwap at the time of the grant. Im not sure what the grant date would be.
One Director had 2 million options that expired at 31 May 2011....
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