take the money !!!

[9rj9]

US Air CEO takes the money !!!

PHOENIX (AP) -- US Airways Group Inc. Chairman and CEO Doug Parker sold 270,000 shares of company stock, exercising options that netted the executive more than $9 million before taxes.

 

[accinelli]

What else should he do. Wait till one of the groups strike and the stock becomes worthless.

 

[TWA Dude]

The options were about to expire and no money comes from the USAirways coiffers. I know I'm in the minority but this news doesn't bother me.

Oh, and to the poster: this is last week's news. Wecome aboard.

 

[ultrarunner]

Yes, an option cannot be held longer than 10 years.