In one of the largest such transactions ever conducted by a corporate executive, chief Mouseketeer Michael Eisner exercised about US$695 million worth of his Walt Disney Co. stock options Wednesday. Eisner planned to give 300,000 of the 7.3 million shares purchased to the Eisner Foundation, a charitable organization he founded.
Eisner Cashes In
In one of the largest such transactions ever conducted by a corporate executive, chief Mouseketeer Michael Eisner exercised about US$695 million worth of his Walt Disney Co. stock options Wednesday. Eisner planned to give 300,000 of the 7.3 million shares purchased to the Eisner Foundation, a charitable organization he founded.