If I'm not mistaken, outstanding shares will increase 1.7%
Looks like Darling will be getting 461,622 shares and none of these will be purchased on the open market and will be given in options. So with 1.7% it will effect EPS and make our shares will have less value.
I'm not sure why this company wants to keep paying itself while the shareholders are down 60-80% from IPO. I'm talking about proxy item 3 and 4 and now Darling gets 460k shares for free by making more shares instead of buying them from the open market.