Recently I received the Notice of Meeting and Management Information Circular for the September 30, 2015 Shareholder Meeting.
The following information will update the compensation information which was previously being discussed.
The summary compensation table prepared for the 9/2015 shareholder meeting lists DM's total compensation as:
- 2012 - $937,081
- 2013 - $778,946
- 2014 - $966,435
- 2015 - $668,841
His unexcercised options are:
- 100,000- 2.44 - Expired 6/15
- 286,300- 1.46 - Expires 6/16
- 115,600- 1.28 - Expires 5/17
- 77,400 - 3.27 - Expires 5/18
- 42,800 - .65 - Expires 5/19
Common shares beneficially owned, controlled or directed by DM at 4/30/14 - 4,320,609
at 4/30/15 - 4,512,881
an increase of 192,272 from 2014 to 2015 with another 522,100 unexpired options on tap
The insider report previously posted by Ledenfrog indicates that the options expired 6/15 were not excercised. The 2015 options totalling 42,800 at an option price of .65 are nicely discounted and if excercised at 2.44 would yield a premium of $76,612.
The pot at the end of the rainbow continues to grow.
Chicagoest