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Re: oakrock post# 13382

Friday, 02/17/2017 5:42:03 PM

Friday, February 17, 2017 5:42:03 PM

Post# of 108192
Oakroack, you asked this morning if there is a "standard" for stock option compensation? The amount of options for a CEO varies dramatically by size and development stage of a company. I can tell you that in Silicon Valley (where I spent 22 years and was CEO of companies) VCs typically consider giving non-founder CEO's something like 3%-5% of the company in a combo of RS/ options, heavily weighted to options.

I feel ADXS qualifies as a "venture" since it started with virtually zero capital. The CEO raised $200M+ without insider recapitalization, which suggests to me Dan would be given the high side of that 3%-5% spread.
Maybe FBG can tell us what % of ADXS Dan has in RS/ options so we can compare against this standard.
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