Don't want to start off the long weekend options issue...

Don't want to start off the long weekend options issue discussion all over again, surely all that can be said directly relating to that has already been said, so please don't respond, but by way of information I note the following incentive plan example for the CEO of another company I have shares in, whereby (quote):

“The LTI plan involves the issue of 40 million shares funded by a loan, subject to escrow and vesting conditions designed to incentivise the CEO to achieve share price growth in alignment with shareholders’ interests.The key vesting conditions are weighted towards a scale of hurdles at up to 6 times the current share price combined with tenure over 1-5 years”

Now, the issue terms do appear to be at the discretion of the board, and the intermediate price growth targets are not stated in the public release, but it does sound to be a bit less than a freebie with no downside doesn’t it?

pj