Journalists have no idea how corporate compensation works. At one point in Yahoo's history they reported Terry Semel's compensation as $300m. In actuality he go

Journalists have no idea how corporate compensation works. At one point in Yahoo's history they reported Terry Semel's compensation as $300m. In actuality he got just his base salary that year as the options were all underwater. And they vest over 4 years. Further, they thought you multiply the stock price by the number of options to figure out how much they are worth. He would have never made that much under any circumstances.