Performance Assessments are final and they are used to determine compensation like raises, bonuses, and
additional equity grants.
Compensation at Facebook is almost entirely formulaic with multipliers (based on the Performance Assessment) for bonuses, raises, and
additional equity grants.
Not exact matches
The table above does not include (i) 5,952,917 shares of Class A common stock reserved for issuance under our 2015 Incentive Award Plan (as described in «Executive Compensation — New Employment Agreements and Incentive Plans»), consisting of (x) 2,689,486 shares of Class A common stock issuable upon exercise of options to purchase shares of Class A common stock
granted on the date of this prospectus to our directors and certain employees, including the named executive officers, in connection with this offering as described in «Executive Compensation — Director Compensation» and «Executive Compensation — New
Equity Awards,» and (y) 3,263,431
additional shares of Class A common stock reserved for future issuance and (ii) 24,269,792 shares of Class A common stock issuable to the Continuing SSE
Equity Owners upon redemption or exchange of their LLC Interests as described in «Certain Relationships and Related Party Transactions — SSE Holdings LLC Agreement.»
Additionally, in the fourth quarter of 2009, based on recommendations from our CEO to the Compensation Committee, the Compensation Committee reviewed certain officers» overall contribution and recommended
additional equity option
grants as a first step in modifying Executive Officer compensation — especially those with longer tenures with us — consistent with the goals above.
The number shown here is a three - year average, and includes
additional «All Other Compensation» and the
grant date fair value of
equity as determined after the
grant for financial purposes.
The
additional factors considered when determining any changes in fair value between the most recent valuation report and the
grant dates included, when available, the prices paid in recent transactions involving our
equity securities, as well as our operating and financial performance, current industry conditions and the market performance of comparable publicly traded companies.
To the extent that outstanding options are exercised, new options are
granted under our
equity incentive plans or we issue
additional shares of common stock in the future, there will be further dilution to the new investors participating in this offering.
In June, our shareholders approved an
additional grant of our
equity and a new compensation committee was formed.
The project will lead to
additional resources - including technical support and investment capital - for early stage companies; and creation of an «entrepreneurial ecosystem» to increase access to
equity capital, government
grants and other resources.
The
additional 2 percent
equity comes in the form of a
grant from Quicken Loans that the client doesn't have to pay back.