RE: Stock options15 Apr 2024 15:04
It seems consistent with the expectation that the deal will be signed off / funded in the near term. If that is the case these options will be in the money soon.
Also, the numbers imply that the CEO will be paid a bit more than the CFO (i.e. approx 4/3 of CFO), but not as much as the previous CEO. The bulk of the CEO's reward will come from the options if EML performs over the next 3 years.