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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: T.R. who wrote (84341)12/9/1998 11:57:00 AM
From: TigerPaw  Read Replies (1) | Respond to of 176387
 
was I in error in saying they received 200 shares last year?

200 Stock options with a strike price of $65 1/2 . They vest over a 5 year period. Any new employees will receive 100 Stock options with a strike price set the day they report.

The other buzz in Austin is that the factories are not going to close for the holidays like it usually does.

TP



To: T.R. who wrote (84341)12/9/1998 4:55:00 PM
From: PAL  Read Replies (1) | Respond to of 176387
 
SI was quiet for some time, I could not access at all.

Normally, an employee receives x shares stock option to be vested in 5 years. Every year he/she is vested x/5 shares. The option price is determined at a certain closing price which could be the closing price the day he/she starts work. x could be 1000 shares or 500 shares, etc.

Another incentive is putting aside a percentage of the earnings into stock purchase plan. Every six months, the price is set. At one company thaty I know the first six month the price is determined by the lower of the closing prices of Januray 2 and June 30; the second half by the lower of July 1 and Dec 31.

I do not know what Dell's arrangement is. The management is very smart, and just giving a bonus 200 shares outright does not give much motivation onward. Therefore, I don't think that each employee gets 200 shares 100% as a gift.

Paul