Friday, April 8, 2011

Another day, another bonus

Yesterday I received word that I will be granted an additional 450 units of restricted stock options in mid-April. At today's price, that could be a net gain of almost $5000 even after half of the gross value goes to a tax deduction (if/when I exercise and sell them).

No word yet on the vesting schedule.

Update, April 12:
The vesting schedule for this grant is 25% per year over 4 years from the date of grant.