Almost funny to see the comments in the filing . Especially the comment, supporting the extra stock awards, that criticizes the stock price decline, that is of course exacerbated by the lack of information from the company about the development pipeline. An excerpt; Also in February 2012, SIGA issued stock-settled stock appreciation rights (“SSARs”) to employees to provide an appropriate incentive structure to the employee base in light of the decline in SIGA’s stock price, notwithstanding the substantial accomplishments of SIGA in 2011
They sandbag the stock price by going into a cave, then cry about it and get compensated with more stock comical. I guess you had to to keep such talent or risk losing them and let them sing Like canaries about what is going on. Speaking of talent what has hruby ever done? They bought 246. He has not developed anything.