"Company management will be required to assess the likelihood of each of these non-market based performance targets being achieved at each reporting period through the vesting period to reflect the number of Performance Rights that are ultimately expected to vest."
Management only need to report the likelihood of achievement at the reporting period. Nothing to do about 10% in a reporting period. I've come to expect from management that what they say you've got to take literally and forget about the dot joining. So when they say the vesting period is 1095 days I'm seeing it as $20M in 3 years.
Brings me to another point. So what's a reporting period? Quarterly or yearly?
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