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Nit: Isn't this number taking into account stock that vested this year from a multi-year cliff, and stock appreciation that happened during that time? If so, se
by mattnewton 5y ago
Nit: Isn't this number taking into account stock that vested this year from a multi-year cliff, and stock appreciation that happened during that time? If so, seems misleading to not amortize it over the period of the grant.
- viktorcode 5y agoFrom the article: > fueled by stock awards that helped him earn a total of nearly $100 million.
- andrewjf 5y agoThat's not really a nitpick, it's bad faith. That stock was granted when he took over as CEO and had two vests at 5 years and 10 years. He'd been "earning" it all along and should be amortized over the term, even if for tax purposes it's not.