00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Meta Platform's offered top executive stock options tied to lifting its valuation more than six-fold to over $9 trillion,
00:10according to Reuters.
00:11The options require stock price milestones, starting with an 88.2% rise from Tuesday's closing price of $592.92
00:20to $1,116.08.
00:23The highest tranche requires shares to reach $3,727.12.
00:28The targets must be met by February 14th, 2028, or options vest later through August 15th, 2030, and expire in
00:38March 2031.
00:39The plan excludes CEO Mark Zuckerberg and includes several senior executives.
00:43Most will also receive $170 million in restricted stock awards.
00:48Meta said the packages will only pay out if it achieves massive future success.
00:52For all things money, visit Benzinga.com.
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