freestone and options conversion

I was looking again at the Pattersons report, and the cottee/freestone options.

I'm not 100% on the vesting options terms - ie whether the price of 15 cents needs to be maintained for a certain amount of time, or whether it just needs to hit that amount.

Figure 6:
CTP Options
Holder Listed - Freestone
Unlisted Number -48,418,169
Exercise Price $0.15
ExpiryDate 22/12/2015
Vesting Hurdle $0.15
Potential
Capital($Am)-4.4mill.

But, given Cottee's previous gigs, surely $4.4mill is chump change for him?

Wouldn't it be an interesting gesture to see Freestone convert these options pre the AGM.

C'mon Richard. Show us shareholders the faith.