https://finance.yahoo.com/news/texas-oil-executives-net-122-100000425.html
5 replies (most recent on top)
@1scc+1o6pOlQc. INDIA is the beneficiary of this one. Or some other cheap scab country!
I heard: Mark, David, Matt, Jim, Nik, and Jenny
Maybe VP’s too.
While the regular people are left out to wonder about the future.
So Kendall gets 68.7 million. Who are the other three “lieutenants” splitting the remaining 52.8 million?
Just ridiculous. If I hear one more time about how great of an opportunity this is for Denbury….who is this really a great opportunity for, oh wait, I know.
"This type of equity award is commonly given to executives of bankrupt companies to entice them to stick with the business through a reorganization and to make up for the fact that their pre-existing equity was probably wiped out"
Must be nice, all the other employees who held their LTI, ESPP, and other grants lost at least tens of thousands of dollars and years off their retirement plans. Got no replacement shares besides warrants and now have to find another job so they don't have to uproot their family.