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- Joined
- Oct 21, 1999
- Messages
- 2,602
I believe much of Eisner's stock did not come in the way of options, rather straight grants. That is, "here's xx,xxx shares, they're yours." So, the value at grant was in the neighborhood of $40something a share, now worth about 16 bucks each. Had they been options, they'd be worthless as the exercise price would nearly certainly be greater than the market price. Options are always a better motivator for executives.