If the water option grants to the Intel executive officers become quite valuable in the future, then the shareholders will be very happy. The stock price could climb to just the strike price of the options -- where the executive officers make nothing -- and the shareholders would smile.
Incentive compensation that depends on company performance is certainly better than paying double-digit millions in current compensation without regard to performance as measured by an incresed stock price.
You're on IGNORE now too for your useless insight:
<<Also a large percentage of their current options have a strike price in the $30s $40s and even $60s. So consider that as well. So most will take years to have any value, if ever.>>