Lasseter's Stock Options At Pixar Being Probed

Steve Jobs's signature appeared on an employment contract between his Pixar Animation and director John Lasseter on March 20, 2001 that included a stock-options grant dated Dec. 6, 2000, a date that marked the yearly low for the stock, the Wall Street Journal reported today (Friday), citing a person familiar with the matter. By the time the contract was signed in March, the stock had already risen 24 percent. In reporting on the deal, which has drawn the attention of the SEC, the Journal remarked that "it remains unclear what role, if any, Mr. Jobs played in selecting the prior grant date." The revelation comes at a time when federal prosecutors are investigating whether Pixar and Job's Apple computer company had improperly backdated options deals with company higher-ups.




09/02/2007


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Tags: Pixar


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