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) 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
World's largest oil company Saudi Aramco's initial public offering is on track and the listing will be in the second half of 2018, CEO Amin Nasser said in an exclusive interview with CNBC. There have been reports that the much awaited IPO might be delayed by one year. Taco Bell, the Mexican fast food chain of Yum! Brands Inc., is reportedly testing a new dessert product called the "Kit Kat Chocoladilla" at select locations in Wisconsin. It was tested last year in the UK. Nick Caporella, the chief executive officer of National Beverage Corp., has lashed out at short sellers after his company's shares declined more than 22 percent this month from their September 11 peak. In a statement, Caporella noted that less than 15 percent of the daily volume traded on major exchanges is financially driven by company fundamentals.
comments powered by Disqus
Follow RTT