Looking at their SEC filing [1], the CEO compensation breaks down into ~$1mil of cash and ~$192mil roughly split between stock and options. Both the stock and options appear to have further conditions attached to them that reduce that number further.
I'm not even a fake accountant, so I don't understand the exact nature of the dilution, but the $193mil overall number seems to assume a lot of stuff goes extremely well in the IPO. I think the stock number assumes a stock price of ~$33.
I'm not even a fake accountant, so I don't understand the exact nature of the dilution, but the $193mil overall number seems to assume a lot of stuff goes extremely well in the IPO. I think the stock number assumes a stock price of ~$33.
[1] https://www.sec.gov/Archives/edgar/data/1713445/000162828024...