Stock options starbucks employee
SAN FRANCISCO MarketWatch -- Starbucks Corp. In a regulatory filing Wednesday, the coffee giant said On June 1, the Seattle-based retailer said it issued 4.
In the deal, employees were offered the right to surrender their options to Starbucks; in exchange, they got fewer options at a lower strike price.
To participate in the swap, an employee had to own an option granted prior to Dec. Starbucks for years has used options to give its baristas -- or partners, as the company likes to call them -- a sense of ownership in the business. Over the past year, more companies have sought to swap old options for new ones at lower prices. The stock-market plunge has wiped out the value of options accumulated by many workers.
Companies view options as a key incentive and retention tool. Sinceat least companies have proposed or completed an option-exchange program, according to data from compensation-researcher Equilar as of April 7. They include eBay Inc.
Google's plan drew investor scrutiny when the search giant let employees swap the same stock options starbucks employee of options for new ones. By using this site you agree to the Terms of ServicePrivacy Policyand Cookie Policy.
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