85% of Google employee options are underwater

Two weeks ago, we footnoted about Google’s (GOOG) option exchange program which allows employees to trade in their underwater options for new ones — something that impacts about 85% of all employees. But judging by this email from CEO Eric Schmidt that was filed yesterday, there doesn’t appear to have been a stampede to exchange those underwater options:

More here at Footnoted.org

Advertisement


Follow

Get every new post delivered to your Inbox.

Join 61 other followers