Silicon Investor (SI) -- The First Internet Community

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.

Non-Tech : General Electric (GE) -- Ignore unavailable to you. Want to Upgrade?

To: Sr K who wrote (2932)	11/2/2018 9:38:32 PM
From: Sr K	Respond to of 3256

GE also agreed to let Mr. Flannery keep equity awards that could add up to several million dollars more depending on GE’s performance. A little better explanation: In return for signing a noncompetition agreement, Mr. Flannery will receive the $4.25 million and could also receive a prorated long-term incentive award tied to company performance. That award would be based on a figure double his year-end 2018 salary of $2 million, plus mostly undisclosed bonuses for 2016 through 2018. However, the ultimate value of the award depends on the company meeting profit, cash-flow and other targets that were largely set before the extent of the company’s most recent financial troubles became clear.