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Enron Mail |
The proposal is totally satisfactory to Ken Lay.
Rosalee "Holloway, Wanda" <Wanda.Holloway@COMPAQ.com< on 04/19/2001 01:44:06 PM To: "'klay@enron.com'" <klay@enron.com<, "'lynnj@iname.com'" <lynnj@iname.com< cc: "'babbio@verizon.com'" <babbio@verizon.com<, "Jackson, Yvonne" <Yvonne.Jackson@COMPAQ.com< Subject: CONFIDENTIAL: HR Committee Approval Requested for Option Grant In light of Jesse Greene's acceptance of the SVP, Strategy position, we have re-examined his option opportunity for 2001. As you recall, we deferred a decision on his option grant in December 2000 pending a decision on his status. Now that Jesse has accepted this new role, we are recommending a grant of 125,000 stock options, which is comparable to the December 2000 grant to other 16b officers in staff positions. As a point of reference, below are the option grants made to 16b officers in December 2000: Blackmore - 375k Winkler - 350k Larson - 275k McDowell - 250k Elias - 150k Jackson - 175k Siekman - 155k Napier - 155k Fox - 125k Milton - 100k Clarke - 75k (received additional grant of 175k options upon appointment to CFO) Walker - 60k (received 250k new hire options in September) Robison - 0 (recently received new hire grant) If you have any questions or concerns about this proposal, please let Yvonne or I know. If it is acceptable, please advise and we will provide a unanimous consent for your signature to formalize. Thank you! Wanda G. Holloway Associate General Counsel - Human Resources Compaq Computer Corporation MS110701 20555 SH 249 Houston, TX 77070-2698 281-518-6943 (phone)/281-518-7644 (fax)
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