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I did some digging in Oracle's SEC filings and in fiscal 2009, Larry Ellison (who in FY 2012 was still the highest paid CEO in the country) was given ~$80MM in
by hkmurakami 14y ago
I did some digging in Oracle's SEC filings and in fiscal 2009, Larry Ellison (who in FY 2012 was still the highest paid CEO in the country) was given ~$80MM in compensation, where 97% was in "variable compensation" (stock option grant + performance bonus)
Name - Lawrence J. Ellison
Size of Option grant in FY09 (Shares) - 7,000,000
Accounting Grant Date Fair Value of Option Grants in FY09 ($) - 78,421,000
Intrinsic Value of FY09 Option Grants as of 5/29/2009 ($) - 0
Intrinsic Value of FY09 Option Grants as of 8/10/2009 ($) - 3,640,000
http://www.sec.gov/Archives/edgar/data/1341439/000119312509179868/ddef14a.htm http://www.sec.gov/Archives/edgar/data/1341439/0001193125091...
The disparity between the intrinsic value of the option grants between May and August must mean that the shares increased in value by about $.50 in those ~3 months.
I'm always astonished that Ellison still owns ~24% of Oracle.
- adventured 14y agoI find his dividend income astonishing: 0.007 * $36 billion ($252 million per year) Of course Steve Ballmer does even better: 0.029 * $15 billion ($435 million per year)
- hkmurakami 14y agoYup, with that kind of cash flow, he can easily absorb the operating losses from the Lanai island businesses that he purchased a couple of years ago to reduce his tax exposure X_X