Oracle gave Larry Ellison and his co-CEOs nearly $1 billion in stock options. By fiscal year end, all were underwater - Fortune — SkimNews
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- Oracle granted Larry Ellison and his co-CEOs nearly $1 billion in stock options, and all were underwater by the company's fiscal year end, according to Fortune.
- Oracle's co-CEOs received $350 million in equity awards, and the stock had lost roughly half its value a year later, per Calcalistech.
Why it matters: Roughly $1 billion in executive equity grants at Oracle all finished underwater, with the co-CEOs' $350 million package particularly exposed to a stock that lost about half its value — meaning the executives realized none of the upside from these specific awards.
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