Proxy 2023 page 117
The 2006 EIP is the sole active plan for granting equity awards. If stockholders do not approve the increase in the share reserve, the share reserve under the 2006 EIP will be too low to appropriately implement our 2023 and 2024 compensation plans and we will lose access to an important compensation tool in the labor markets in which we compete.
Vote yes if grade 3 and 5 want RSU
I'll be better off taking cash.
Face it, folks. They've been reducing and eliminating the non-cash compensation for two decades and they aren't going to stop now.
First stock options became worthless (That is to the non-executives, and it's quite the coincidence that suddenly the stock price rose a lot AFTER the rank and file's options no longer existed.)
RSU value dropped year after year. SERMA was decimated. How much is you health insurance cost now?
Now your cash compensation and bonuses are cut and you think they're worried about your RSUs? You need to step back and look at the world realistically.
Who says they're going to G3&5?
No money for buybacks.
Stock buybacks are A. Expensive, B. Subject to an excise tax as of this year.
why can't they purchase more share to increase the share reserve? I do not understand how a company can increase the share reserve to distribute to employee. Is it by share purchase or increase in share reserve by approve from shareholder (will dilute the share price?) ? anyone can shed some light ?