April 6, 2007
Monster finds $1.9m for CEO
By Matthew L. Brown
Monster Worldwide Inc., parent of the online job and employee search company in Maynard, said in a U.S. Securities and Exchange Commission filing that it granted CEO William Pastore restricted stock units valued at $1.9 million.
The report said Monster granted Pastore 40,000 restricted stock units on March 30.
In the same filing, Monster said it granted CFO Charles Baker restricted stock units valued at $947,000.
The value of both stock grants was based on the company's closing price as of March 30.
Earlier this week, Monster reported that it expected first quarter revenue below what it predicted in February.
The report said Monster granted Pastore 40,000 restricted stock units on March 30.
In the same filing, Monster said it granted CFO Charles Baker restricted stock units valued at $947,000.
The value of both stock grants was based on the company's closing price as of March 30.
Earlier this week, Monster reported that it expected first quarter revenue below what it predicted in February.
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