alt Hacker NewsI understand Tesla acquiring other companies counting to the cap, but Tesla _being acquired_ by another company, why would that count?
I understand Tesla acquiring other companies counting to the cap, but Tesla _being acquired_ by another company, why would that count?
Because that's the grand plan from the start. You don't put a sentence like "In other words, upon a change in control where Tesla is acquired, vesting of milestones under the CEO Performance Award does not require the achievement of a matching Operational Milestone." if you didn't think Tesla could be acquired.
The goal is to give Elon his 2012 award package but making it his 2018 one.