RE:Executive compensation revisitedInteresting, so if JJ was a billion dollar deal and share price does not change bw dates there is a $20 M pool. I guess if street did not like deal and stock sold off then based on the SP clause the bonus would decrease. I went back and the SP was close to unchanged ( maybe up a buck).
my guess is that this can't be too unusual. I read in one of the documents they hired independent compensation consultants and that they would have ensured that this was close to the norm.
This deal was a game changerg though so I don't really mind too much.
Hopefully the pool is shared and the two top guys did not take the whole 100%.