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Post by akemp3000 on Feb 28, 2020 8:00:36 GMT -5
Interesting that MC and others went ahead and exercised sizeable options at $4.55 in addition to those exercised at more current valuations.
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Post by sla55 on Feb 28, 2020 8:01:52 GMT -5
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Post by goyocafe on Feb 28, 2020 8:06:23 GMT -5
“1. On August 24, 2017, the reporting person was granted an option that vests upon the achievement of certain defined performance milestones. On February 25, 2020, one of the defined performance milestones was met, resulting in the partial vesting of the option.”
Always makes me wonder what goals they set for themselves internally when they can be rewarded like this.
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Post by boca1girl on Feb 28, 2020 8:13:13 GMT -5
Interesting that MC and others went ahead and exercised sizeable options at $4.55 in addition to those exercised at more current valuations. I don’t believe they were exercised, they became vested. |
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Post by hellodolly on Feb 28, 2020 8:15:42 GMT -5
Interesting that MC and others went ahead and exercised sizeable options at $4.55 in addition to those exercised at more current valuations. I don’t believe they were exercised, they became vested. Yes, if exercised it would only be for a fraction of what they can earn, if fully vested 100% by 2027. |
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Post by ktim on Feb 28, 2020 15:23:52 GMT -5
Hopefully MC hasn't exercised options at $4.55. I'd be calling for his replacement on grounds of mental incapacity.
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Post by longliner on Feb 28, 2020 15:31:42 GMT -5
Any thoughts on what the "certain defined performance milestone" that occurred February 25th was?
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Post by ktim on Feb 28, 2020 15:59:01 GMT -5
Where is Kendall?
Seems like hard to guess what this milestone might be. It could be a discrete event that happened on Feb 25 or it could be a milestone that was stated specifically as being measured on Feb 25 (though seems less likely since normal instinct would be to use end or beginning of a month, or quarter). If it was discrete event, it's interesting the diverse set of people that nominally participated in that event. And interesting whose missing.
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Post by agedhippie on Feb 28, 2020 16:19:56 GMT -5
Any thoughts on what the "certain defined performance milestone" that occurred February 25th was? The year end results. Until the results are filed with the SEC they are not official. The milestone was probably a share price or revenue target. That would also be why someone no longer with the company gets the options - the results were achieved at the year end close back at the end of December so they would get the options. |
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Post by mnkdfann on Feb 28, 2020 19:00:40 GMT -5
Any thoughts on what the "certain defined performance milestone" that occurred February 25th was? Avoided dilution thus far in 2020, and / or avoided bankruptcy? I jest.  |
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Post by mannmade on Feb 28, 2020 19:01:43 GMT -5
Could be associated with UTHR. Certainly not sales goals associated with Afrezza.
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Post by awesomo on Feb 28, 2020 20:29:46 GMT -5
Well, he did put up that bullet point about “22% shareholder return, top 3 in the peer group”, so maybe it’s that.  |
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Post by mango on Feb 28, 2020 22:05:29 GMT -5
Patrick McCauly the CCO who was allegedly fired or quit is one of the Form 4's...interesting
Has anyone called MannKind to confirm?
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Post by Omega on Feb 28, 2020 23:56:37 GMT -5
Patrick McCauly the CCO who was allegedly fired or quit is one of the Form 4's...interesting Has anyone called MannKind to confirm? What, hearing it from 'the source' isn't Concrete enough for you? ;P |
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Post by Deleted on Feb 29, 2020 0:53:36 GMT -5
Interesting that MC and others went ahead and exercised sizeable options at $4.55 in addition to those exercised at more current valuations. I don’t believe they were exercised, they became vested. Also another positive key is that the $4.55 Options were not repriced lower. ALL GOOD |
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