http://albertaventure.com/2013/07/the-options-play/

"We went through and looked at the value of all the long-term incentives that have been granted over the last three years for 10 companies,” he says. “Most of them are in the hundreds of dollars.” That’s obviously a problem for those employees, who had counted on – and perhaps made spending decisions based on – them being worth much more than that."

Max Fawcett / Alberta Venture: The Options Play - When it comes to equity compensation, there’s the good, the bad and the ugly

Related: Kyle McLean / Exploration InsightsThe Real Cost of Incentive Stock Options in Junior Resource Exploration