Archive for the 'stock options' Tag

It’s been a little over three years since the WSJ broke the options-backdating scandal, which among other things, led to the removal of former UnitedHealth (UNH) CEO Charles McGuire. In December 2007, McGuire settled with the SEC and this past December, the SEC settled on several related matters. But their have been numerous other lawsuits [...]

This morning at 6 a.m. PST was the deadline for Google (GOOG) employees to swap their options. As we’ve footnoted here, Googlers got several reminders that the deadline was approaching and lots of helpful information — slideshows, videos, and several email reminders, including one from CEO Eric Schmidt reminding employees not to wait until the [...]

Two weeks ago, we footnoted about Google’s (GOOG) option exchange program which allows employees to trade in their underwater options for new ones — something that impacts about 85% of all employees. But judging by this email from CEO Eric Schmidt that was filed yesterday, there doesn’t appear to have been a stampede to exchange [...]

Last month, Google (GOOG) announced an options exchange program that would let employees exchange their underwater options. In the announcement, Google estimated that about 85% of its employees had underwater options and told employees that “if you’re interested in learning more about this employee-only stock option exchange, we encourage you to read our related SEC [...]

Many people these days feel lucky if they still have a job and the check actually clears. You’d think that would be particularly true at retailers, which are really in the dumps. But that’s not the case at JC Penney (JCP) which earlier this week filed this 8K that has some of the most self-serving [...]