Thread regarding Oracle Corp. layoffs

Q2 earnings forecast should gets punished by Wall Street - Exec Compensation

The top exec compensation details were revealed in an investor presentation filed with the Security and Exchange Commission.

https://www.sec.gov/Archives/edgar/data/1341439/000119312517276868/d449795dex991.htm

BUT interesting that it is better to be the executive vice president, general counsel, and secretary of Oracle Corporation and NOT the CEOs and CTO.

Oracle is compensating DD for covering on the false representation specifically on it cloud business

http://www.nasdaq.com/quotes/insiders/daley-dorian-759983

Don't let the fox guard the henhouse

by
| 1872 views | | 7 replies (last December 7, 2017) | Reply
Post ID: @OP+QAji915

7 replies (most recent on top)

You forgot the rehab part. Surely MH is going to promise to go to rehab to to deeply examine his soul to try to become a better self, that’s part of the script.

by
| | Reply
Post ID: @2wcj+QAji915

'In a statement to the media today, Mr Hard asked for patience at this difficult time; "I've been lying to my friends, I've been lying to my family, I've been lying to the stock market, but mainly I've been lying to myself. Now is the time to come clean, I just prefer Azur and Google clouds."

by
| | Reply
Post ID: @2etc+QAji915

@QAji915-1nco

New Idiot

by
| | Reply
Post ID: @1hcs+QAji915

Old news

by
| | Reply
Post ID: @1nco+QAji915

"LE, SC and MH were each granted Performance Options with a grant date fair value of $103.7 million"

Yes, they each get over $100M as in the form of performance options as compensation. In an attempt to spin this as being a positive, the report goes on to indicate that this is spread over time and that this is...

"a 47% decrease from the grant date fair value of (the) 2017 equity awards" and "no additional equity grants will be granted...until 2022 at the earliest." Interesting. So by 2021, their equity award compensation will be only a paltry $20M. Yep, they are right there with everyone else in seeing their income and future prospects decline (eye roll).

I'm sure they won't be jumping ship anytime soon though. They each have grants from fiscal years 2015, 2016 and 2017 and these vest over time. Their attainment so far is listed on page 5 of the report -- they are "struggling" because they are only hitting 50-75% of target and this directly impacts their equity payout. Based on that information, in fiscal year 2017, MH and SC each received 85,938 PSUs from their 2015 grant, 70,313 from 2016 and 105,469 from 2017 for a total of 261,720 PSUs this year. While the report doesn't give a PSU value, there is enough information there to do a bit of math. Since 2018's $103.7M equity fair value is a 47% decrease from 2017, that makes 2017's PSU grant value out at $195.7M. Since 562,500 PSUs were granted in 2017, that calculates out to a value of $348 per PSU. By extension, that equates to being paid $91M this year. One other interesting tidbit from the report -- PSUs are only 54% of their total compensation.

So for those who have been or are slated to be part of the workforce reductions this year, just remember that the needs of the few outweigh the needs of the many. LE, MH and SC need to hit their stock price and market capitalization goals because, otherwise, they aren't going to be able to make ends meet.

by
| | Reply
Post ID: @1ypk+QAji915

"don't let the cat {DD} guard the cream" ....

by
| | Reply
Post ID: @1lyq+QAji915

Interesting.... What is the false representation you are referring to?. What does it consist in?

Rgds.

by
| | Reply
Post ID: @1dbk+QAji915

Post a reply

: