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Technology Stocks : America On-Line: will it survive ...?
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To: Sam who wrote (8503)3/5/1998 10:01:00 AM
From: jack rand   of 13594
 
AOL S8 filings of AOL Option Plans show that employees get
qualified options that can be exercised only to total of $100,000
fair market value in each YEAR. FMV = stock price, not exercise
price. By contrast officers have non-qualified and other plans
subject mainly to SEC Rule 144 limits, which has enabled them
to sell millions upon millions of $ worth per year.

Seems like a pretty raw deal for employees, especially those that
have been around a while.
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