logo
Share SHARE
FONT-SIZE Plus   Neg

Goldman Sachs CFO Schwartz Granted 171,419 Restricted Shares Over 3-Yr Period

Goldman Sachs Group Inc. (GS: Quote) newly appointed chief financial officer or CFO Harvey Schwartz, owns 175,493 shares of the company and 171,419 restricted shares over a three-year period starting in 2011, according to a securities filing.

According to Securities and Exchange Commission filing, the restricted stock units can't be sold or transferred before dates ranging from January 2016 to January 2018.

The newly appointed CFO also has options to buy 302,888 shares at $78.78 that will expire in December 31, 2018. All of these stock options are vested and exercisable. If the stock options are exercised, the underlying shares of common stock generally cannot be sold or transferred before January 2014, the filing said.

Harvey Schwartz was one of three global co-heads of the sales and trading division before the New York-based firm announced in September that he would succeed David Viniar as CFO at the end of January.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
American Airlines Group said pilots at its subsidiaries American Airlines and US Airways, represented by Allied Pilots Association, have approved a new five-year contract which provides immediate pay raises of 23 percent and subsequent annual raises of three percent for the next five years. LEGO Group, TT Games and Warner Bros. Interactive Entertainment have announced their 2015 slate of video games, including LEGO Jurassic World, LEGO Marvel's Avengers, and as well as new hand-held and mobile titles. Social-networking giant Facebook, Inc. is said to be testing their new 'Place Tips' feature for iOS users that will rival a similar service being provided by Yelp or Foursquare. The feature will provide the user relevant content about their location as long as they are there through pop ups on their news feed page of Facebook.
comments powered by Disqus
RELATED NEWS
Trade GS now with 
Follow RTT