Friday, February 09, 2007

Pixar Pay Package to Lasseter Included Well-Timed Options - WSJ.com

Generous to a fault?... 

Steve Jobs helped negotiate an employment contract with a top film director that included a large stock-options grant with an especially well-timed date, according to a person familiar with the matter.

The options grant, part of a 2001 employment contract reached between Pixar Inc. and noted animated-film director John Lasseter, carried the lowest share price of the previous year -- on a date more than three months before the employment contract was actually signed. Mr. Jobs, then Pixar's chairman and chief executive, signed the agreement on behalf of Pixar.

Source: Pixar Pay Package to Lasseter Included Well-Timed Options - WSJ.com

Post a Comment