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  • Lehman, JP Morgan Weigh in on Newly-Formed Sirius XM Radio [View article]
    Can someone tell me why that as soon as the merger goes through

    7/28/08

    Shaw Jack Allen
    Award of Options 184,000 shares at 0.00

    Parsons Gary M
    Award of Options 3,203,583 shares at 0.00

    Zients Jeffrey D
    Award of Options 1,242,000 shares at 0.00

    The company is going broke and just gives away 4.5 mil shares to executives. I understand that 4.5 mil shares are only .9% of the shares available, but you would think with already making at least (and I am being conservative) 1/2 mil in salary, they could afford to buy their own shares to help the company.
    Aug 06 10:18 am |Rating: 0 0
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