4 ms·
Because it is based on the value when the stock options became liquid (when they IPO'ed), not on the performance since.
by spalas 8y ago
Because it is based on the value when the stock options became liquid (when they IPO'ed), not on the performance since.
- jiveturkey 8y agothey should base it on the value 6 months after IPO, ie after the typical lockout period.