WFM 0.00% 3.9¢ webfirm group limited

this is the way to renumerate by shares

  1. 1,462 Posts.
    lightbulb Created with Sketch. 4

    This is something you don't seem to see much of anymore LTI based upon how the share price performs.

    Good Job Management!

    Nice to see you have at least considered the share price, from me its a thumbs up!

    ((Taken from the announcement))
    Long Term Incentive
    Upon commencement Mr Lowe will be granted the right to
    receive the following shares after the share price of the
    Company trades above a 30 day VWAP as per the following
    table:
    30 Day
    VWAP
    Right to # of
    Shares
    Escrow Period
    $0.10 3,000,000 2 Years
    $0.20 3,000,000 2 Years
    $0.30 4,000,000 None
    $0.40 5,000,000 None
    $0.50 5,000,000 None
    Mr Lowe is required to remain an employee of the Company to
    be allocated any shares under this provision.
 
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Currently unlisted public company.

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