40m in fiscal 2014. This also contains the answer you previously wanted:
“Upon Patrick and Omid’s respective departures, all of their outstanding equity was cancelled and we made cash payments equal to the value of their unvested biennial equity grants, prorated for the time between the grant date and the cancellation date. The payments equaled $56.2 million to Patrick and $16.3 million to Omid.“
Vesting schedules are for peons. For executives, unvested shares are converted to cash when you quit! Amazing!
40m in fiscal 2014. This also contains the answer you previously wanted:
“Upon Patrick and Omid’s respective departures, all of their outstanding equity was cancelled and we made cash payments equal to the value of their unvested biennial equity grants, prorated for the time between the grant date and the cancellation date. The payments equaled $56.2 million to Patrick and $16.3 million to Omid.“
Vesting schedules are for peons. For executives, unvested shares are converted to cash when you quit! Amazing!