Other incentives will include a series of annual equity awards which will add up to $12 million and another series of restrictedstockunits worth $14 million and a one-time stock package worth $30 million as a 'retention equity award.
Also, Amazon is providing Zappos employees with $40 million in cash and restrictedstockunits. Amazon is buying Zappos for 10 million AMZN stock, which is currently worth around $807 million. I love Amazon.
In the event of a change of control, the employee may decide not to work as hard in the hopes of cashing in on a robust severance package that awards up to two years salary and benefits, $15,000 of outplacement expenses, and accelerated vesting of...
Employees will also benefit from accelerated vesting of all stock options, restrictedstockunits and any other equity-based awards previously granted. Microsoft's unsolicited bid to acquire Yahoo is heading down an unpleasant path.
Yesterday, Google announced that they have officially closed the deal on YouTube, acquiring them for "3,217,560 shares, and restrictedstockunits, options and a warrant exercisable for or convertible into an aggregate of 442,210 shares, of Google...