Thanks for the best wishes Gren, hope you are well. I must plead ignorance and know not what you refer to regarding the 'other forum'; is it a euphemism for something more sinister?
Anyhow, I see you are struggling with your studies so here's a little coaching to help you along the way. Just fill in the gaps.
Shareholders _____ directors _________ package at the annual ____. Options/Performance Rights are part of the total remuneration package and award criteria to receive vested shares are ________ when __________ approve at the ___.
A director can only realise the value of those ________ and/or ________ by selling shares in the open market. Therefore if the SP is rising the ______ _____ relating a directors total remuneration package ________ if the SP declines the value of a directors total remuneration package __________. Therefore it is in a directors interest to see SP appreciation as the total value of remuneration is _________ to future _______performance.
Another hint to help understanding: fair value of a total remuneration package is a different notion to that of linking SP to performance.
Best wishes MA
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