Twitter's former C-suite is set to receive $200 million in combined stock payouts after getting fired by Elon Musk — if he abides by their contracts
A representative for two of these of executives confirmed the payouts hadn't yet happened. Previously, Musk
that all of the executives were fired"for cause" and therefore wouldn't be paid out as their contracts called for.roughly 927,000 shares of common stock at the time of his firing, which would convert to $50.2 million at Musk's purchase price, according to an SEC filing. Agrawal had another 241,508 shares of restricted stock that should have vested upon his firing, giving him another payout of $13 million. He could walk away from Twitter with $63 million in converted stock.
On Friday night, at about the same time these stock disclosures were filed publicly, Musk through the newsletter writer Matt Taibbi released what he called"
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