Comment Comment by echelon Here's the biggest reason why -GameStop CEO Ryan Cohen gets a performance pay if the market cap goes up:> The total award consists of stock options to purchase 171,537,327 shares of the Company's Class A common stock at a price of $20.66 per share. Tranche Award% Market Cap Hurdle EBITDA Hurdle 1 10% $20 Billion $2.0 Billion 2 10% $30 Billion $3.0 Billion 3 10% $40 Billion $4.0 Billion 4 10% $50 Billion $5.0 Billion 5 10% $60 Billion $6.0 Billion 6 10% $70 Billion $7.0 Billion 7 10% $80 Billion $8.0 Billion 8 15% $90 Billion $9.0 Billion 9 15% $100 Billion $10.0 Billion Swallowing a new company, even if it takes on debt, can bump this up.eBay market cap is $48B.https://investor.gamestop.com/news-releases/news-details/202... parent echelon 5 months ago
GameStop CEO Ryan Cohen gets a performance pay if the market cap goes up:
> The total award consists of stock options to purchase 171,537,327 shares of the Company's Class A common stock at a price of $20.66 per share.
Swallowing a new company, even if it takes on debt, can bump this up.eBay market cap is $48B.
https://investor.gamestop.com/news-releases/news-details/202...