CompensationFeb 14, 2019

Axon's Exponential Stock Performance Plan (XSPP)

What is this plan? Do employees forego a portion of their salary for more stock to vest in a few years? And how does this make the company more appealing to engineers - do they significantly increase the amount of TC provided employees take this option? https://www.gurufocus.com/news/814419/axon-shareholders-approve-exponential-stock-performance-plan https://www.axon.com/company/news/xspp-faq

Axon Shareholders Approve eXponential Stock Performance Plan
Axon Shareholders Approve eXponential Stock Performance Plan
Gurufocus
XSPP FAQs
XSPP FAQs
Axon
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sparked Feb 14, 2019

Ah I see they are starting to role out the platinum handcuffs

Expedia h6/)!3 Feb 14, 2019

“Work for me now and I’ll pay you when I get rich”

Axon ghsvdrz Mar 7, 2019

I think they are (possibly very) short on cash. This is just a way to delay payment to the employees and at the same time boost the morale. A Brilliant idea.

Axon axon May 5, 2019

Nope. Axon is swimming in cash and has zero debt.