I have no problem with it at all...although don't get me wrong, I would love to see him follow it up with 200k shares he purchases on the open market. He could say he wants a 450k salary for which the company can't afford or he can ask for stock options for the hard work and busting their aces they've been doing.
I know that I'm an outsider & some think that I should STFU. However I do agree that this is a reward & he has a year or so to make money on these stocks. Price goes down he gets less right? Long is strong.