S3 (A LONGER TERM PERSPECTIVE) 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 : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

0.0%

May 12 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SidStock who wrote (7017)	10/30/1997 10:28:00 AM
From: Bill Lin	Read Replies (1) of 14577

Sid, if you read the detail, you see 2 million options granted in '94 or before during the "GREAT RISE", which are priced around $2-$4. i think some of those were exercised. they retain their original vesting terms. as the statement said, the vesting terms were not reset to 7/96 as you said. I was going to comment about morale, but its really all speculation, since i don't work in S3. the idea of options is to make the holder's incentives the same as the shareholders, NOT to lure them into the company or keep them happy. if we feel pain, they feel pain. the resetting of option strike prices certainly doesn't do that. Although getting hired into S3 when the price was $18, would suck. but a 4 yr vesting period should be enough time to get the stock price back up, huh? the HR and compensation committe is kinda stupid on agency theory (the theory of incentives and restrictions and rules and representation) BL

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next