peter cook is a financial wizard

At the last annual general meeting the shareholders voted down awarding Peter Cook a parcel of long term performance options(LTOs). In December while the shareholder were distracted by Christmas the management gave them to him anyway. They are conditional on the share price rising over $1.20.
If the price is higher it just makes it harder for Pete to "earn" the next bundle of freebies the management remuneration committee will award each other.

Nice trough if you can get your snout into in.