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Archive for the 'stock options' Tag

The post-belt-tightening days at Parker Hannifin…

Wednesday, September 29th, 2010

Oh, what a difference 18 months can make. In March, 2009, articles such as this one in Workforce Management reported some pretty intense belt-tightening at Parker Hannifin (PH), the Cleveland, Ohio-based company that produces motion and control systems for use in the aerospace, industrial, and mobile industries. After laying off 9,000 employees, the company announced [...]

McAfee’s pre-deal grant to CFO…

Friday, August 20th, 2010

Yesterday saw news of another big merger: the tie up between Intel (INTC) and McAfee (MFE). Between the news release and the conference call and various other merger documents, we counted 13 different filings yesterday. And that’s just McAfee’s filings. Intel had another four. Clearly, that makes for some very busy attorneys. But one filing [...]

The wrong kind of charge at Tesla Motors…

Thursday, June 17th, 2010

Taking a private company public involves tremendous financial and human resources, as well as a lot of time.  It’s common to see several versions of a registration statement before the company finally sells its stock to the public, and that is certainly true for Tesla Motors, Inc., which has now filed five amendments to the registration [...]

On Palm’s generous pre-deal grants…

Thursday, April 29th, 2010

By now, the news that Hewlett-Packard (HPQ) has agreed to buy Palm (PALM) is well known. But one of the things we like to do here at footnoted is look at the filings for interesting patterns once a deal is announced. It didn’t take us long to find this 8-K that was filed on April [...]

An oddly placed reward at Gannett…

Friday, March 19th, 2010

Some companies put together pay packages designed to keep top executives around until they retire. At newspaper chain Gannett (GCI), it’s almost like the board can’t wait for them to find the exit. Proxies these days lay out just what companies will have to shell out in various circumstances when executives depart — everything from [...]