GOOG online stock option auction

Discussion in 'Stocks' started by Pekelo, Dec 13, 2006.

  1. Pekelo


    "Google plans to start an unorthodox stock options program in April that will allow employees to sell their vested options in an online auction, the search giant announced late Tuesday."

    "This new, Transferable Stock Option program gives nonexecutive Google employees a third option: a secondary market of sorts managed by Morgan Stanley where preapproved financial institutions can bid on vested options. It doesn't apply to options granted prior to the search giant's initial public offering."
  2. Do I see a flood of selling coming up? That's bearish for the stock.