Have you guys actually checked the annual report notes that discuss these figures? There are time-based and performance-based vesting conditions associated with the options, meaning he wont just get (all of) them. Also, the excercise price associated with the options is $ 14,43 and the current share price is around $ 5. So if you want to, you can do some sweet BS math on what the options would be worth IF they did vest. I like a little drama as much as the next guy, but I don't think mr. Mallers will earn anywhere close to $ 140 million from XXI options.