Google employees 61% of the current options can not be honored

U.S. stocks fell Friday as a whole, Google can not an exception. On the same day in early trading, Google shares were up, but the event soon thereafter drop to below 329 U.S. dollars.

Google employees are closely watching the changes in stock prices, for 329 U.S. dollars a critical point because they held 170 million shares of the weighted average exercise of the option price of 329.78 U.S. dollars; if Google stock price below this level, these options will change Have no value. In addition, another 570 million weighted average exercise of the option price of 450 U.S. dollars and above. In other words, the options held by Google employees a total of 61% at present can not be honored.

Google's other options weighted average exercise price of 275 U.S. dollars, 177 dollars and 21 dollars (for Google in the market before the finance staff). All data from Google in the second quarter 10-Q document, in the third quarter non-Google employees may be granted any options. Google is scheduled for release next week, reported fiscal third quarter.

Just eight days ago, Google shares are still more than 441 U.S. dollars, 450 U.S. dollars higher than three months ago. If Google stock price, of course, be able to back up fine, but declined to follow the overall stock market, Google is facing in the next few months will be tough to retain staff - If you do not see the hope that the cash option, Google employees will begin to Look elsewhere.

On the other hand, if the economy into recession, venture capital companies will dry up, Google employees may not find a better place.