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Let me save you a click: > fueled by stock awards that helped him earn a total of nearly $100 million. It was overwhelmingly stock, not direct pay.
by vorpalhex 5y ago
Let me save you a click:
> fueled by stock awards that helped him earn a total of nearly $100 million.
It was overwhelmingly stock, not direct pay.
- olliej 5y agoAnd it was an award the took ten years to vest, so annually it was 10 million. Still a lot of money per year, but no longer 1400x.
- missedthecue 5y agoAnd it was part of a multi year vesting cliff. He earned 'only' $14m in 2020, so they cherrypicked one particular year that had a very high vesting event to make this seem more egregious than perhaps it is. Really, the stock comp should be amortized over the whole vesting period.