Note: I linked to the YouTube search results for “maria bartiromo” + “podesta”, rather than a single video, as these things tend to ‘disappear’ from the popular video hosting site.
Maria Bartiromo Gets into Heated Debate with John Podesta Over His Ties to Russia
https://www.youtube.com/results?search_query=maria+bartiromo+podesta
https://wikileaks.org/podesta-emails/emailid/4635
> Thanks for sending this set of documents and the original stock option agreement document that John found (and which we did not have in our files probably due to administrative oversight at our end which I will explain further).
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> First, with respect to the stock option agreement, there is a discrepancy in the stated vesting schedule between the one John signed back in 2011 and the one I sent to Bob which you sent back to me signed. This first document shows a 3 year vesting schedule and the current one shows a 4 year schedule. Accordingly, I dug back further and confirm that the original terms were for a 4 year vesting schedule of which John was ¾ vested (this reflects what John actually exercised – i.e. 75,000 out of 100,000 options). The 4 year schedule is reflected in the “offer” letter which our previous CEO sent to John and John signed and sent back. It is also reflected in the Board minutes where John’s grant was approved. Please see the attachments for reference. The good news is that I think John understands these options to be 4 year vesting and that his exercise of 75,000 shares is correct. The original stock option agreement with the erroneous 3 year vesting was sent and signed in error due to scrivener’s error by the folks at Joule who were handling this at the time (based on what I can tell, this was prepared by a junior finance person who left the company several years ago). Bob and John Cobb and I can brainstorm on how to deal with this discrepancy – maybe some sort of acknowledgement by the Company and John Podesta that the first version was signed in error.
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> Second, it is my understanding that John transferred the resulting 75,000 common shares from the option exercise to the Leonidio LLC. As such, we would need to edit the Transfer of Share Agreement to reflect the transfer of 75,000 common shares to the LLC. The LLC would also sign a form of joinder agreement covering the common shares tying them to the provisions of the 2007 Stock Plan. I am comfortable with correcting the applicable page to the Transfer Agreement to reflect the common shares as we assemble the final documentation package. I think the LLC would need to sign a form of joinder agreement with regard to the 75,000 common shares – which I hope you can help coordinate. I think Bob and John Cobb have the final documents on their system with the Podesta/LLC particulars and I can edit them if they can send to me. Everything is dated January 3, 2014 as intended.