This was originally posted at ZDNet's Between the Lines.
Intel on Monday told employees that it would reprice its employee stock options.
In a regulatory filing, Intel detailed plans to reprice stock options at a lower price, similar to what Google did. In addition, Intel said that it would freeze salaries of senior executives in 2009. But stock option grants are unaffected.
Intel shareholders will vote on the company's repricing proposal at its annual meeting May 20.
Here are a few details provided by Intel CEO Paul Otellini in a memo to employees:
Intel is granting all eligible … Read more