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Message: re: options
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May 28, 2016 02:19PM

my personal viewpoint is to vote strongly against any carte blanche new options. I don't want to encourage the ability to reward vacuous goals that don't ever have defined metrics tied to them.

the existing pool will be sufficiently replenished with the exercises we presume Peter and/or Geoff are doing presently, there is no legitimate reason for it to increase.

at least with Suresh & Co. at the helm, the awarded-option vesting periods have been expanded to something reasonable (now 4 years vs. 4 quarters).

that's half the battle, in an age where it's too overly commonplace for hit-and-run executives to rape shareholders industry-wide (HP, IBM, etc.) to the benefit of their own personal wealth, we can be thankful that PTK has shown itself to have the capability for decent ethics.

I beat up Peter at 2014 AGM about vesting and goal oriented awards, and from the looks of things he listened.

I guess if I had to look for another plus, a positive is that at excercise things tend to get soaked up pretty quickly.

imo, we've suffered way too much paper on the street over the years as it is. 87 million when I started this journey, and today we can see 250 million being not too far away.

ditto for any future PP (if we were to get one, don't misread: I'm not saying there's anything like that on the horizon, more of an "in-case"): you can count me livid (!) if we don't also see a rights offerring coupled to it, so we mere mortals can share in the pie too.

if the buffet table opens, you bet I'd want in the line. and you would too.

5 years in, I'm certainly not too shy to holler "hey! where's mine?" ("ours"!) if it were something necessary to be said from time-to-time.

GLAL,

R.

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