Former Nvidia Employee Claims Unclaimed Stock Options Worth Nearly $1 Billion
Eric Gullichsen, an early Nvidia (NVDA) employee who joined in 1993, claims he may be owed 9,375 stock options that could be worth nearly $1 billion at current valuations. Gullichsen alleges that a discrepancy between his 1993 employment contract and an invitation letter regarding the vesting period led to him leaving 9,375 options unclaimed when he departed in 1996. Following six stock splits since 2000, these options would equate to 4.5 million shares today. Nvidia has reportedly contested the timeline, and Gullichsen's legal counsel previously suggested the claim might be time-barred.
Summaries are written by AI from the original article. Not investment advice.