Hi, Jim,
I know the only way to have you post here is to talk the topic you are
interested in. Hehe... My guess is correct. As long as I mentioned
about proxy, Jobs, and stock options, you show up again.
Well, Mandich's position has been replaced by Ex-IBMer and hence I have no
surprise that Mandich has sold all shares.
The thing I am thinking about is 17m shares set aside for future's
CEO. The option's price will be the close price when it is approved,
which is probably 4/22/98. That's why I ask what kind of price Jobs
likes. Of course, he won't be able to control the price entirely, but
should be able to affect it if he chooses that way. 17m shares are
a lot of money involved, do you know how they pick that amount rather
than say 5m, 10m, and so on?
Based on the proxy statement, the stock's option provided to CEO and
executives are totally based on their performances. Are they doing
that well to give such a huge amount? Could you elaborate more
to clarify my skeptical points?
Phil |
