Microsoft Ceases Stock Option Program

Microsoft has decided to put a stop to its current stock option program in favour of a more widely acceptable scheme. The new program will hand out company shares instead of actual stock options.

In a companywide call expected later Tuesday afternoon, Microsoft Chairman Bill Gates, CEO Steve Ballmer and sales chief Kevin Johnson are expected to end the existing stock-option program that made many a millionaire. The new stock award program will hand out company shares--rather than options-- to company executives and employees based on customer satisfaction and customer growth, rather than revenue, sources said.

The full report:
http://www.crn.com/sections/Breaking...rticleID=43096