(AFX UK Focus) 2009-03-10 22:21 Google employees swap 93 pct of underwater options (Interactive Investor)
SAN FRANCISCO, March 10 (Reuters) - U.S. Web search leader Google Inc said on Tuesday its employees exchanged about 93 percent of "underwater" stock options for new options with a lower exercise price. The exchange, which became a subject of shareholder criticism after it was announced in January, was completed on Monday morning. According to a regulatory filing, 15,642 Google employees ...