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A comment on CEOs’ pay climbed before layoffs at tech giants like Alphabet and Microsoft. Parent comment

Re:CEOs’ pay climbed before layoffs at tech giants like Alph... by hanniabu on Saturday August 05, 2023 @07:50PM (#37017428)
Stock fluctuations are irrelevant with this amount... stock could tank 20% and here's still getting $175M
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Re:CEOs’ pay climbed before layoffs at tech giants like Alph... by jvmfjvfjvf on Saturday August 05, 2023 @07:53PM (#37017448)
The stock would be worth less than his options price. Why would he still get $175M?
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Re:CEOs’ pay climbed before layoffs at tech giants like Alph... by djcapelis on Saturday August 05, 2023 @08:31PM (#37017688)
They’re not options, they’re grants of stock units which vest over time. A unit of stock is a share granted and vesting at its full price, not an option to buy stock at some price later.

While startups use options, most large public tech companies typically do not.

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