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Emerson Electric Co. granted special performance-based stock option awards to CEO Lal Karsanbhai and COO Ram Krishnan… EMR Emerson Electric Co
Emerson Electric Co. granted special performance-based stock option awards to CEO Lal Karsanbhai and COO Ram Krishnan, with each executive receiving 350,000 options. The awards consist of five tranches of 70,000 options each, with exercise prices ranging from the current market price of $128.46 to a 100% premium of $256.92. These options vest pro rata over a five-year period.
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