> Stock Option awards as a Salary?

Stock Option awards as a Salary?

Posted at: 2014-12-05 
No, it means that the executive has the right to buy 75 million shares at a highly discounted exercise price as compared to its market value. Say the stock of this entrepreneur sells for $50 per share, but he can exercise his stock options of 75 million shares for only $10 per share, upon exercise of the option he makes an immediate gain of $40/share times the 75 million shares for a neat $3 billion gain. And with that example you have almost exactly the position Mark Zuckerberg finds himself in, after he only earned $1 for last year.

http://www.foxbusiness.com/business-lead...

When I see that Entrepreneurs have a 1$ salary per year, but their Stock and/or option awards are around 75 million, what does that mean? Do they actually have a 75 million salary? What do those awards represent?