My question is always exactly how they measure these for stock awards. Elon did some deal that if he pumped Tesla stock up to what seemed to be unbelievable at

My question is always exactly how they measure these for stock awards. Elon did some deal that if he pumped Tesla stock up to what seemed to be unbelievable at the time heights and other what seemed like impossible goals he'd make major bank. The target was taking tesla from something like $69B market cap to $650B market cap - he did that and got it to 800B+. So, is his pay valued at the value when he cashes in / gets his bonus, or the value of the bonus at the time of award (much much lower).