ADVERTISEMENT
Published: November 18, 2007
SAN FRANCISCO - Bonnie Brown was fresh from a nasty divorce in 1999, living with her sister and uncertain of her future. On a lark, she answered an ad for an in-house masseuse at Google. She was offered the part-time job, which started out at $450 a week but also included a pile of Google stock options.
After five years, Brown retired, cashing in most of her stock options, which were worth millions of dollars.
When Google's stock topped $700 a share, it was not just outside shareholders who were smiling. According to documents filed with the Securities and Exchange Commission, Google employees and former employees are holding options they can cash in worth about $2.1 billion.
In addition, current employees have stock and unvested options worth about $4.1 billion.
The New York Times
ADVERTISEMENT
Advertisement
TBO.com - Tampa Bay Online ©2009 Media General Communications Holdings, LLC. A Media General company. Member Agreement | Privacy Statement | Work With Us
| * To: | |
| Your Name: | |
| Your Email Address: | |
| Personal Message [optional]: | |