Arm CEO in line for $800m payout

The award scheme has been filed under Nasdaq rules and awards Haas 425,000 shares over the next five years if  targets are met.

If Arm achieves a $1 trillion valuation by 2029, Haas will be awarded a quarter of the 425,000 shares worth $100 million.

If Arm reaches $1.5 trillion by 2030, Haas gets another quarter of the shares, 

If Arm reaches $2 trillion by 2031, Haas will get the remaining half of the shares which would then be worth $1,880 each making up the full payout of $800 million.