Google Reprices Stock Options for Employees

Nice For Them, What About Investors?

[skibum]

New Options Repriced at $308.17 [marketwatch.com] It's gotta make the employees that were able to reprice happy but it would seem to short change investors. Seems like it might be more appropriate to issue some new options with lower strike prices instead of repricing what sounds like ALL the old ones.

Can we trade in the shares we paid $600 for, for a new share and $300 cash?

[BillyS]

Google's problem is they issue a lot of stock options to attract talent (at their shareholder's expense). Now with so many options out of the money, they've got to reprice these or fear losing talented employees.