Latest news with #restrictedstockunits
Bloomberg
2 days ago
- Business
- Bloomberg
Musk's Banker Michael Grimes Sells SpaceX, Anduril for Trump Job
Michael Grimes, the veteran technology investment banker who helped Elon Musk buy Twitter in 2022, reported assets worth as much as $98 million in a financial disclosure as part of his new role at the Commerce Department. Grimes reported nearly $67 million of income, stock and accrued vacation payout from Morgan Stanley, where he worked for roughly 30 years as a managing director and a co-head of global technology investment banking. That total includes the $56 million he realized from selling restricted stock units that vested after he left in February. Grimes no longer owns shares in the company, according to his disclosure.
Bloomberg
3 days ago
- Business
- Bloomberg
Musk's Tech Banker Grimes Sells SpaceX, Anduril for Trump Role
Michael Grimes, the veteran technology investment banker who helped Elon Musk buy Twitter in 2022, reported assets worth as much as $98 million in a financial disclosure as part of his new role at the Commerce Department. Grimes reported nearly $67 million of income, stock and accrued vacation payout from Morgan Stanley, where he worked for roughly 30 years as a managing director and a co-head of global technology investment banking. That total includes the $56 million he realized from selling restricted stock units that vested after he left in February. Grimes no longer owns shares in the company, according to his disclosure.
