3 ms·
Does his increase in number of shares actually mean anything? I assume that, like most stock compensation, these shares are newly issued shares, diluting the va
by ViViDboarder 5y ago
Does his increase in number of shares actually mean anything? I assume that, like most stock compensation, these shares are newly issued shares, diluting the value of existing shares. That would mean he still has a lower stake, regardless of number of shares, no?
I may be misunderstanding something.
- wumpus 5y agoThe dilution happened when the options pool was expanded years ago.
- cududa 5y agoNo, they’re options that were already issued and reserved in a pool. The shares would’ve been released to the market (or whatever mechanism Tesla has in place for unrealized options - many times that means the company buys them) if he didn’t exercise
- ViViDboarder 5y agoAh. Didn’t realize he is being granted options and not shares. That makes sense.