POET Technologies Inc.

You need to check your facts.

He was awarded 100k options as part of the following package announced after the AGM

At the board meeting, incentive stock options were granted, under the stock option plan, to certain directors, officers, key consultants and employees of the company, to purchase up to an aggregate of 3.94 million common shares, representing 2.41 per cent of the outstanding shares of the company.

Of these options, 4.8 per cent were granted to key employees, who are the technical staff related to the Poet effort, 14.0 per cent to the company's officers, 64.0 per cent to the non-officer directors and 17.8 per cent to directors who are also officers. The stock options are exercisable at a price of $1.24 per share expiring Aug. 12, 2019. Pursuant to the TSX Venture Exchange policies, the exercise price was fixed by the closing market price of Aug. 11, 2014. The options will vest and be exercisable on the basis of 25 per cent on the date of grant and 25 per cent every six months thereafter.

The options were granted subject to provisions of the company's stock option plan, which was approved by shareholders on Aug. 12, 2014, and are subject to the TSX Venture Exchange policies and applicable securities laws. There are currently 163,773,384 shares issued and outstanding and 26,307,750 stock options outstanding. For full details on the company's share capital, refer to the company's financial statements and management's discussion and analysis for the six months ended June 30, 2014, which were recently filed on SEDAR.