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by kaeresten_dit
1070 days ago
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What I don't understand is what the wahalla is really about, seems to be one of two:
:the board granted themselves an unusually high amount of stock when it was granted
:the company did performed too well in the interim bringing the value of their comp too high seems odd to me as options are granted to 'upper management' as a performance incentive, so the lawsuit brought forth seems to base level br about the company doing too well
, that is to say if it is not about the first reason all along |
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The Defendants saved their most audacious behavior for 2018. That year, excepting two directors who joined the Board in December 2018, the nonemployee directors received compensation worth an average grant date value of $8,706,126.
Average board member comp is in $100K range.
[1] https://cdn.arstechnica.net/wp-content/uploads/2023/07/tesla...