Increased M&A activity by companies with significant cash to burn in this environment has led to the absorption of rare specialist talent and stock based compensation for those workers is not something with which I am familiar.
I believe it incentivizes a longer term commitment to the new company and its vision for growth. Therefore, my question is more about the mechanics of it.
Is it normal to have a shareholder vote to approve the issuance of those shares? Or, is this normally something that is within the purview of the Board and handled by the Compensation Committee of the Board? Thereby bypassing shareholder approval. What does this normally look like? If you have examples and links, I would gladly read them. Thank you in advance for any insights.
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