SI
SI
discoversearch

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 : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (29355)5/7/1999 11:44:00 AM
From: w molloy  Read Replies (1) | Respond to of 152472
 
Options: Is this common in comm technology guys?

Hi Michelle,

I'm having trouble finding out exactly what the infra employees were offered option wise when they joined Q.

As you know - the option grant letter is explicit regarding the treatment of options should the company or division be sold. I understand that the issue with the infra people is that they have missed out on a recent grant that they were promised.

The practise implied, that extant options are transferred/converted to the acquiring company, is absolutely not standard practise in the SD area where competition for engineers is fierce.

Keep on posting

w.



To: Lizzie Tudor who wrote (29355)5/7/1999 3:46:00 PM
From: JMD  Respond to of 152472
 
Hi Michelle, welcome to the Q board. Please let us know what you find out re: the handling of the Q infrastructure employees that are destined to become Ericy employees.
Everything I know about this company leads me to believe that a fair compromise will be reached but it is well worth staying on top of. It sounds like your background is perfect to do just that. Looking forward to your 'report'. Regards, Mike Doyle