Following up from Autodesk's voluntary investigation into back-dated stock options, the company is increasing the price of some unexercised stock options held by vice president George Bado and other executives unamed in Canada and USA. These executives will be compensated with a total of $583,000 cash in January so that their tax liability remains the same.
When under-priced stock options are given to employees, company shareholders "suffer" because of the increased taxes paid by the company. Details here.
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