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

To: Bazmataz who wrote (122630)	5/6/1999 6:57:00 AM
From: puborectalis	Read Replies (1) \| Respond to of 176387

May 6, 1999 Bigger Pay Package for Chief of Dell By DOW JONES he Dell Computer Corporation gave its founder, Michael Dell, a 24 percent increase in salary and bonus in its 1999 fiscal year as well as options on 12.8 million shares valued at more than $105 million, according to the company's annual proxy statement. Dell, who is the company's chairman and chief executive, received a salary of $844,231, up 7 percent from $788,426 a year ago, and a bonus of $2.6 million, up about 30 percent from $2 million a year earlier, according to the filing with the Securities and Exchange Commission. The computer giant, based in Round Rock, Tex., awarded Dell 8 million options with an exercise price of $16.67 and expiration date of March 5, 2008, as well as 4.8 million options to buy shares at $28.90 before the expiration date of July 17, 2008. When options as well as his salary and bonus are added together, Dell received a compensation package worth more than $108 million for the year ended Jan. 29, 1999.