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"Nvidia Employees Benefit from 25% Stock Boost in 'Special Jensen Grant'"

Originally Published 1 year ago — by Quartz

Nvidia is reportedly giving its employees a one-time "Jensen special grant" of an additional 25% of the stock units they received when joining the company, named after CEO Jensen Huang, with the amount depending on the company's share price. The grant will vest over four years and aims to ensure employees still benefit if the share price falls in the future. This comes after Nvidia's record revenues and surpassing Saudi Aramco to become the world's third most valuable company.

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"Nvidia's Special Jensen Grant: Boosting Employee Stock Awards for Riches"

Originally Published 1 year ago — by Business Insider

Nvidia is boosting its employees' compensation with a "Jensen special grant," named after CEO Jensen Huang, which adds 25% to their initial stock awards. This one-off grant is in addition to annual equity refreshers and is aimed at ensuring employees benefit even if the share price falls. The grant, based on Nvidia's stock price, will vest over a four-year period, with some recent hires set to receive an extra $50,000 of restricted stock units. Nvidia's stock has soared over the past year, but faced a 5% dip as competition in the AI chips market intensifies.

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