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UPS Partners
MIP Factor 2018
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<blockquote data-quote="dudebro" data-source="post: 3248662" data-attributes="member: 11234"><p>Good point, I shouldn't have assumed. MIP was 260 and 315%, respectively. It might have been 99-2000, but the MIP was right. At one time, it was tied to 15% of pretax profits / number of shares outstanding. Shortly after that, Wall St. flipped out about the pay package and it was 'enhanced' to 'better reflect market conditions'</p><p></p><p>At the time, no one with a significant amount of stock acquired before 1999 cared, because their stock holdings nearly tripled on Nov 10, 1999. But for those of us who may have gotten to this company about 15 years too late like me, no FU money for you...</p></blockquote><p></p>
[QUOTE="dudebro, post: 3248662, member: 11234"] Good point, I shouldn't have assumed. MIP was 260 and 315%, respectively. It might have been 99-2000, but the MIP was right. At one time, it was tied to 15% of pretax profits / number of shares outstanding. Shortly after that, Wall St. flipped out about the pay package and it was 'enhanced' to 'better reflect market conditions' At the time, no one with a significant amount of stock acquired before 1999 cared, because their stock holdings nearly tripled on Nov 10, 1999. But for those of us who may have gotten to this company about 15 years too late like me, no FU money for you... [/QUOTE]
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