Early Nvidia adviser claims $1 billion in stock over a 1993 vesting error
Tom’s Hardware reports that Nvidia rejected a settlement over 9,375 disputed stock options. The options would have cost $468.75 to exercise in 1996.
TLDR
Tom’s Hardware reports that an early Nvidia adviser says a 1993 vesting error left him owed $1 billion in stock, but Nvidia rejected a settlement. The outlet says the 9,375 disputed options amount to around 4.5 million shares after stock splits. The adviser and his lawyers agreed the statute of limitations worked against them.
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