INSUBCONTINENT EXCLUSIVE:
Microsoft shares have soared 53 per cent in the past year, closing the week at $109.Washington: Microsoft's Indian-origin CEO Satya
Nadella has netted over $35 million after selling almost one-third of his common shares in the software giant
Nadella sold 328,000 shares in multiple trades at prices ranging from $109.08 to $109.68 as the stock trades near a record price
The stock sale, disclosed in a regulatory filing yesterday, netted Nadella more than $35 million
Microsoft shares have soared 53 per cent in the past year, closing the week at $109
He is required to have 15 times his base salary in stock
His annual base salary in 2017 was $1.45 million, and his total compensation exceeded $20 million
Microsoft board of directors," he said
Since Nadella took over the CEO role from Steve Ballmer in February 2014, Seattle-based Microsoft's shares have tripled in value
TheIndianSubcontinent staff and is published from a syndicated feed.)
