Mr Pichai became chief executive of the most popular search engine Google, following the creation of its parent, Alphabet. Mr Pichai was awarded 273,328 Alphabet shares on 3 February, 2016 worth a total of $199m, according to a filing with the US Securities and Exchange Commission.
The new award of shares moves Mr Pichai’s total stock value to approximately $650m.
Mr Pichai’s share award will vest incrementally every quarter until 2019. In other words, complete control over the shares will be given to him on a gradual basis.
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