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That's often the case when they have to bring a new executive on for the latter years of a company before going public... Look at page 174 though, Armon owns ov
by mikeyouse 5y ago
That's often the case when they have to bring a new executive on for the latter years of a company before going public... Look at page 174 though, Armon owns over 18M shares, the CRO owns 400k.
Assuming a share price of even $10/share, the $4M difference in 2021 comp will swing slightly in Armon's direction when his equity stake is worth $175M more than the CRO's.
- jedberg 5y agoBased on their last valuation, Armon's shares should be worth around $550,000,000.
- mikeyouse 5y agoHoly smokes.. Yeah, I didn't have a basis for the $10/share, it was just a random number since I didn't have valuation detail... but wow. So Armon's shares would be worth something like $535M more than the CRO's. I suspect he's okay making a bit less in W2 income this year!