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In addition, he received his first grant of options -- on 900,000 shares -- since he got 10 million options in 1999.
The board offered her a base salary of $1 ,no cash bonus, no stock awards and a grant of options to purchase 1.9 million shares of H.P. stock.
Apple investigators said a grant of options to buy 7.5 million shares was inaccurately recorded as having been approved at a special meeting of the Apple board on Oct. 19, 2001.
Heinen took part in a $7.5 million grant of options during the same falsified board meeting but plans to contest the charges.
Kordestani, Twitter says, "will receive a one-time grant of options to purchase 800,000 shares of the Company's common stock at an exercise price equal to the closing price of the Company's common stock on the date of grant and vesting over four years as described in the Offer Letter and subject to the terms of the Company's 2013 Equity Incentive Plan".
They awarded him a huge grant of options, but some of them were at a premium price," said Paul Hodgson, research analyst with the Corporate Library, a company watchdog group.
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But big grants of options haven't been phased out entirely.
Sprint switched from making annual incentive payments to giving Mr. Esrey big grants of options on Sprint stock.
Brown's Treasury has developed tax policies that encourage the granting of options or shares to workers and for them to hold those shares for extended periods.
In the 1990s firms did not have to report grants of options until up to 45 days after the end of the financial year in which they occurred.
After receiving two grants of options each year from 1994 to 1996, Mr. Esrey received 7 grants in 1997, 16 in 1998 -- including 6 separate grants on a single day -- and 26 in 1999.
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