Saturday, February 19, 2011

Microsoft reveals stock award for new server boss Satya Nadella

Microsoft today filed a report disclosing the stock award given to Satya Nadella, who was promoted to president of the server and tools business on Feb. 9.

Nadella, 43, received 217,499 shares that vest in blocks starting Aug. 29 and continuing until Oct. 21, 2012.

At today's closing price -- $27.06 -- that's a $5,885,522.94 (Rs.26,54,95,942/ -) signing bonus.

Strangely, the filing says that Nadella doesn't own any shares directly or indirectly. Either that's an omission or Nadella's done a lot of diversification in his 19 years at Microsoft.
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