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Google Gives Eric Schmidt $100M Bonus

  • NBC News, Wednesday, February 5, 2014 12:03 PM
Google explained Eric Schmidt's $100 million stock and options bonus in a filing with the Securities and Exchange Commission. Google will grant the award Feb. 5, 2014, and will vest over a four-year period beginning in May 2015. The exact number will be calculated by dividing the $100 million grant value by the closing price of Google's Class A common stock on Feb. 4, 2014, and rounding up to the nearest whole share.

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