Fired Uber Executive Said to Forfeit $250 Million Stock Grant
- Levandowski was awarded 5.31 million shares when he was hired
- Stock was forfeited when he left the company, Uber says
Fired Uber Exec Said to Forfeit $250 Million Payday
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Anthony Levandowski lost both his job at Uber Technologies Inc. and a potential $250 million payday.
Levandowski, 37, who was terminated from the San Francisco-based company on Tuesday, got 5.31 million shares when he was hired in August. The grant was set to vest based on his continued service and achievement of certain performance milestones. Levandowski was employed at-will and none of the shares had vested when he left, according to an Uber executive familiar with the matter.