The company would have more cash in the bank when he exercises those options. They also wouldn't have to pay to create a new pay package to replace the voided

The company would have more cash in the bank when he exercises those options. They also wouldn't have to pay to create a new pay package to replace the voided one. This process is surprisingly expensive to create and implement a CEO pay package. There were more reasons that shareholders voted for the package in the revote, but omitting others as I don't think they are related to financials