A third of those are based Microsoft's Total Shareholder Return relative to the S&P 500 over three overlapping five-year performance periods. Vesting is also based on shareholder return with the number shares vesting at the end of each period ranging from 150,000 to 900,000. At $38 per share, toward the middle of this week's stock prices, that ranges from $5.7 million to $34.2 million, He can get $50,000 in reimbursement for costs involved in negotiating the terms of employment. Looking at the terms of the long-term awards, I'd say it's worth the money to understand those and given the size of Microsoft? Compared to agreements I've seen at smaller companies this is relatively modest.
NADELLA GETS $13.5M STOCK IN 2015 Featured
Microsoft CEO Satya Nadella will receive an annualized stock grant of $13.5 million for the company's fiscal year ending June 30, 2015, according to the new leader's compensation agreement. Filed earlier this month, the agreement also gives Nadella an annual salary of $1.2 million. The stock grant is part of Microsoft's executive incentive plan as is a target cash award of 300 percent of Nadella's annual base salary for both fiscal 2014 and 2015. Long-Term Performance Stock Awards were granted effective February 4.
