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Technology Stocks : PairGain Technologies
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To: Larry J. who wrote (34512)11/7/1999 5:53:00 PM
From: BWAC  Read Replies (1) of 36349
 
Larry,
Re:<I do think Pascoe is truly motivated to get the stock price up, as he obviously has a vested interest. Any indication how many shares he owns? Or if his options are tied to the performance of the stock? They should be!>

I really don't feel like looking the exacts up. But it was all spelled out in the last annual report proxy statement. From my memory, Pascoe is to receive 400,000 options, vesting evenly over 4 years, at $7 per share. (Note this does not include any annual bonus or annual grant during his employment. The 400,000 options were a sign on type thing I think.) To date I know of no actual real shares owned by Pascoe. Why? At least he's not selling. HEY MAYBE THATS A GOOD QUESTION FOR THE PAIR WEBSITE MONTHLY UPDATE?!! (hint to anybody who has the remaining energy)
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