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Re: SemiconEng post# 5297

Thursday, 05/22/2003 10:55:53 PM

Thursday, May 22, 2003 10:55:53 PM

Post# of 151757
So, I wonder if you know, that up until a few years ago, intel did not grant stock options to hourly non-exempt employees, only to salaried exempts. I'm not sure of the exact year that hourly employees started getting them also, but I believe the 1997-2003 time frame fits. ask that question? I would guess that the number of hourly wage employees far out weighs the number of salaried employees, and could account for the extra percentage. Is it possible this is the reason for the higer percentage? Was that fact presented, or did anybody
Semi



---And as a matter of fact, I just found the announcement. It was EXACTLY 1997 when intel added hourly employees to the stock option granting program, so an increase in the percentage of options would have been normal after 1997.

---I Bet You Didn't Know That........ Did You.

Semi

http://www.intel.com/pressroom/archive/releases/CN021197.HTM
New Across-The-Board Stock Program Begins in 1997
SANTA CLARA, CA, February 11, 1997 - All employees at Intel Corporation are now eligible for stock options - just the latest positive news in a record-breaking year for Intel and its employees.


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