Google CEO Sundar Pichai Received The Record $199 Million In StocksBy cheatmaster 03:43 Sat, 31 Jul 2021 Comments
Sundar Pichai, CEO of Google and former right-hand man to co-founder Larry Page is well on track to becoming the highest paid executive of a publicly traded company. The latest step is this respect is a $199 million stock grant, awarded to him from parent company Aplhabet Inc. on February 3.
The record high bonus consists of 273,328 Class C shares - restricted stock, which will vest in quarterly increments through 2019, if he remains on the job. So, the $199 million or so might be locked up for now, but it appears Mr. Pichai also got some walking around cash. On the same day, he srecent 375 Class A common shares at $786.28 each and another 3,625 Class C capital stock at $768.84 a piece totaling just over $3M.
Google typically awards such equity awards to its executives every two years, so as to encourage a long-term view on the business. It’s definitely fascinating to see how much Pichai nets in if he is still around at Google in 2018.
Please LOGIN or REGISTER To Gain Full Access To This Article