Jobs has made more than $1 billion over the period, mostly from stock options, and his company furnished him witha Gulfstream jet.
And that's just salary--it's not stock options or shares of profits.
And that calendar, like the stock options of too many corporate scoundrels, apparently gets back-dated.
Eliminating the use of stock options for the CEO and the C-class executives solves the problem.
No one can predict in advance what stock options will be worth.
When the company goes public, David Choe, who painted its headquarters and got paid in stock options, will become very, very rich.
Then require CEO compensation to be all cash—no stock options.
stock options in an unproven startup--no matter how bullish you are!
The right to purchase a company's shares at a future date at an agreed price. Companies often give stock options to their executives as an incentive to improve the company's performance and boost its share price. If the share price has risen above the agreed price of the option by the time the option is exercised, the executive stands to make a considerable profit.