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📄 Extracted Text (1,367 words)
From: Steven Sinofsky
Sent: Sunday, April 7, 2013 3:24 AM
To: Jeffrey Epstein
Subject: Re:
I agree.
Thank you.
Sent from Windows Mail
From: Jeffrey Epstein
Sent: Saturday, April 6, 2013 8:23 PM
To: Steven Sinofsky
sec disclosure will appear as if they are concerned about what you say, . seems very weak, . appears they are buying
your silence. etc. it reads better this way as opposed to I wont disparage them until next summer,
On Sat, Apr 6, 2013 at 11:17 PM, Steven Sinofsky wrote:
Exactly. I am just saying what you can say when brad notices it is one way. Since there is no remedy (essentially
for either of us, though they have the paid-for counsel to sue out of pettiness anyway).
I know it isn't relevant. Just pointing out how the SEC disclosure works against me.
This is a guy who as CEO of the company and Forbes #19 had to have the VP of PR read my performance review
to the NY Times after I saved the company simply because he felt he wasn't involved enough. Hard for me to model a
human being like this so I assume the worst.
Sent from Windows Mail
From: Jeffrey Epstein
Sent: Saturday, April 6, 2013 8:16 PM
To: Steven Sinofsky
i htought you wanted them to look petty, we can keep dispargement in, but what is the remedy?
On Sat, Apr 6, 2013 at 11:12 PM, Steven Sinofsky
wrote:
steve will dispatch PR to point out how this is all about how big a fuck up Windows 8 was and so he isn't
petty but just being clear about blame. he will demonize me.
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just saying what is going to happen.
Sent from Windows Mail
From: Jeffrey Epstein
Sent: Saturday, April 6, 2013 8:11 PM
To: Steven Sinofsky
they look pettty now. dates should be flexible, took out disapragement from their side, 8 should stay
only again to make them look silly,
On Sat, Apr 6, 2013 at 10:44 PM, Steven Sinofsky
> wrote:
It sure seems like a long time -- I haven't set foot on campus since November 2012 and so
stretching this whole thing out until 2014 seems long to me. Everyone is human. As long as it is one-way since there is
no way I am going to sue for this stuff. I want the SEC filing to make them look petty, not me.
Last real day:
11/12/12 closed at 28.22 (11/09/12 was 28.83, market was open when word got out)
12/31/12 (SEC date) closed at 26.71
4/5/12 (today) closed at 28.70
I am not sure what the vesting day has to do with anything except for the purposes of the last
grant but that is based on the fiscal year not a vesting date.
Sent from Windows Mail
From: Jeffrey Epstein
Sent: Saturday, April 6, 2013 7:43 PM
To: Steven Sinofsky
Today's price is higher ? Mutual dates . You can't take money and then say i will disparage you in
a year aug 18 is a vesting day
On Saturday, April 6, 2013, Steven Sinofsky wrote:
The effective date is 12/31 (that is how much I was paid) even though they turned off
networking/email/cardkey in early December (which was earlier than we agreed -- retaliation from steve when he
thought I made everyone ask him about their retention award).
Given it is public, I would much rather the opening read as a "we" rather than an "I".
Should the stock be today's value or December value? big difference as the stock is
getting close to what it was back in November.
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Why make this until August 18, 2014? That's 8 months longer than 12 months from
when I left. For the purposes of accelerated vesting it doesn't matter. I would rather this all be 12 months from 12/31.
Plus 12/31/13 is half the fiscal year that started July 1, 2013.
Confidentiality -- if this is filed with the SEC then this doesn't make sense.
6c...l don't care what they say about me since I will never sue them and there are a
million ways they can use the press and agents to say stuff about me. I would rather this be one sided, no?
Why no disparaging until 2016--seems like a very long time.
8...sure seems petty. like I am going to sneak in the back door and work as a vendor or
something? Then again for the press this seems pretty pathetic for them to ask for.
In terms of share math, I have attached a spreadsheet which is reproduced below. If we
go with the 12/31/12 price (26.71) assuming 50% of the last grant we have this:
If we go with all outstanding shares:
The 528,680 number of shares is the same as the total at the end of the printout you
had 1,522,713 granted and 994,033 vested leaving 528,680 remaining. The FY13 grant is number '375 and vests in
55,159 blocks through 2016.
26.71/share is near a low for quite some time. It is 28.50 or so now. Big difference. The
stock dropped 4% on my announcement November 12. It hasn't reached the November 11 close yet (Dow up 13%,
MSFT flat). I mention since that is $1M for the 50% of the final grant.
Sent from Windows Mail
From: Jeffrey Epstein
Sent: Saturday, April 6, 2013 4:18 PM
To: Steven Sinofsky
before i send to jay , read and comment
******** ************•******** ******* * ********* r•****** *****
The information contained in this communication is
confidential, may be attorney-client privileged, may
constitute inside information, and is intended only for
the use of the addressee. It is the property of
Jeffrey Epstein
Unauthorized use, disclosure or copying of this
communication or any part thereof is strictly prohibited
and may be unlawful. If you have received this
communication in error, please notify us immediately by
return e-mail or by e-mail to [email protected], and
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destroy this communication and all copies thereof,
including all attachments. copyright -all rights reserved
The information contained in this communication is
confidential, may be attorney-client privileged, may
constitute inside information, and is intended only for
the use of the addressee. It is the property of
Jeffrey Epstein
Unauthorized use, disclosure or copying of this
communication or any part thereof is strictly prohibited
and may be unlawful. If you have received this
communication in error, please notify us immediately by
return e-mail or by e-mail to [email protected] <[email protected]> , and
destroy this communication and all copies thereof,
including all attachments. copyright -all rights reserved
The information contained in this communication is
confidential, may be attorney-client privileged, may
constitute inside information, and is intended only for
the use of the addressee. It is the property of
Jeffrey Epstein
Unauthorized use, disclosure or copying of this
communication or any part thereof is strictly prohibited
and may be unlawful. If you have received this
communication in error, please notify us immediately by
return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and
destroy this communication and all copies thereof,
including all attachments. copyright -all rights reserved
The information contained in this communication is
confidential, may be attorney-client privileged, may
constitute inside information, and is intended only for
the use of the addressee. It is the property of
Jeffrey Epstein
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Unauthorized use, disclosure or copying of this
communication or any part thereof is strictly prohibited
and may be unlawful. If you have received this
communication in error, please notify us immediately by
return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and
destroy this communication and all copies thereof,
including all attachments. copyright -all rights reserved
The information contained in this communication is confidential, may be attorney-client privileged, may constitute
inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized
use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you
have received this communication in error, please notify us immediately by return e-mail or by e-mail to
[email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof,
including all attachments. copyright -all rights reserved
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ℹ️ Document Details
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741c51348871e089d5ea6f01c85ea033bce706f131ea5ce6c0d333b4f7459ee0
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EFTA01790891
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