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July 01, 2005
Disney Execs Iger and Staggs to Get Big Stock Option Awards
Walt Disney Co.'s incoming chief executive, Robert Iger, and Chief Financial Officer Thomas O. Staggs are getting sizable stock option awards as part of their compensation for the year.According to a Securities and Exchange Commission filing late Wednesday, Iger was awarded options to acquire 274,241 Disney common shares at a strike price of $25.80.Staggs received 125,367 stock options at the same exercise price, SEC filings said.The grants vest over three years beginning in June 2006, according to the filings.
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