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Technology Stocks : Nikola Corp
NKLA 0.999+2.9%12:11 PM EST

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To: Ms. Baby Boomer who wrote (198)3/25/2021 11:43:34 AM
From: Ms. Baby Boomer   of 252
 
Nikola CLO Gets $80 Million Stock Haul After Skipping Salary (1)...

Nikola disclosed the equity grants to Worthen and five other current and former executives— worth more than $560 million—in a Monday securities filing ahead of a $100 million share sale by the company.

The executives must stay at Nikola through June 2023 to collect the grants, which are pegged to certain share price targets. “None of the share price milestones have been achieved and none of the performance awards have been earned,” the filing said....


news.bloomberglaw.com

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