I'd need to double check but to be perfectly honest I thought the motion was an amendment to the existing options rather than a new issue?
Changes were 5 vs 10 day VWAP and expiry if I remember correctly.
i might be wrong though and indeed it was new options. Fine by me, let them double dip. Only thing to note: the moment those options are exercised they have to pay tax if they are Australian tax residents and they might have to sell some to pay the tax. Having said that they probably US tax residents.
options and performance rights, page-2
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