To be clear, the $400m "bonus" isn't a bonus at all. It's an incentive package that's based on the price of the stock sustaining over 180 days, and the first milestone of this incentive package starts at $187.50, which is >3x the current price. $DASH was above $187.50 last year but didn't meet the 180 day duration requirement.
In other words, Tony hasn't gotten paid anything from this package, and may never will.
The package is described in the revised s1, and DoorDash is required to report it because they have to account for this package (probabilistically via Monte Carlo simulations) on their books.
In other words, Tony hasn't gotten paid anything from this package, and may never will.
The package is described in the revised s1, and DoorDash is required to report it because they have to account for this package (probabilistically via Monte Carlo simulations) on their books.
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001792789/8e0717f...