CheckFree Holdings Corp. (CKFR), the next Dell, Intel? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: noiserider who wrote (20087)	6/17/2003 8:50:42 AM
From: StocksMan	Read Replies (1) of 20297

CheckFree Offers Stock Option Exchange Program to Eligible Employees Tuesday June 17, 8:41 am ET ATLANTA, June 17 /PRNewswire-FirstCall/ -- CheckFree Corporation (Nasdaq: CKFR - News) today announced a voluntary program that gives eligible employees the opportunity to exchange stock options for fewer restricted shares of CheckFree common stock that vest over three years, or in some cases, cash. The program is intended to reduce the number of outstanding stock options, while increasing long-term employee retention. The Company's directors, including the chief executive officer, are not eligible to participate in the program. "The goal of this program is to balance an appropriate incentive to retain valued employees with our responsibility for prudence on behalf of our shareholders," said Pete Kight, chairman and chief executive officer. "The resulting reduction in outstanding stock options will allow us to continue to provide employee incentive programs without increasing overall dilution to shareholders. . ." biz.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next