When employees exercise their share options, the company concerned can do one of two things.
Bright ideas, youthful ambition, share options and fleetness of foot are on their side.
More holidays, maternity and paternity leave, more frequent job rotation and share options also now feature.
If markets keep falling, the value of other investment bankers' share options will also fall.
Which, as Mr Bernerd laments, does not help to motivate managers who hold share options.
Firms granting share options to employees stand accused of picking dates with particularly favourable prices.
Many of the problems facing US companies stem from the granting of lavish share options to executives.
Managers are motivated by share options and share prices are driven by changes in earnings per share.
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The obvious analogy is with the share options awarded to company managers, which are taxed as income.
And some technology companies are restricting the use of share options, in response to grumbles from investors.
We are all demoralised and we feel undervalued, while the fat cats get their bonuses and share options.
At the time of the merger, senior Chrysler managers became rich, as share options suddenly became hugely valuable.
Share options for senior managers of American firms now represent by far the greatest part of their remuneration.
He points out that more companies are moving away from awarding share options and towards issuing performance-based restricted shares.
The second is this idea of the tax deductibility of share options themselves.
The exceptional performance incentive plan would have granted free share options to senior executives based on the company's performance.
It is not only that the region is unfamiliar with share options, a much-discussed part of Silicon Valley's success.
And share options should not, as a rule, be repriced at lower levels if the firm's share price falls.
In May, a change in the law made it much easier for companies to give their employees share options.
Engineers and programmers hop from company to company, and share options stretch from the boardroom to the reception desk.
The economic advantages of share options surely outweigh their costs, warts and all.
It made most of Ms Bartz's share options subject to tough performance triggers and negotiated a relatively stingy termination agreement.
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Will pilots want more share options even if exercising them would dilute the government's stake in Air France below 50%?
PERS, California's state pension fund, which is urging General Electric's shareholders to demand that its executives' share options be performance-related.
Too often the value is hard to see, apart from the enrichment, through share options and deal-related bonuses, of top executives.
Investors have tried to limit managers' self-aggrandisement by linking their pay to share prices and granting them shares and share options.
Marlin Eller was a senior developer who, like many veteran Microserfs, left the company independently wealthy when his share options vested.
Cisco Systems, for example, has made hundreds of managers rich through share options, but also managed to hang on to them.
Under the scheme, directors would have received nil-cost share options if the board met annual return targets over the next three years.
They are the main reason that share options for bosses have become the most popular way of linking their pay to performance.
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