Amazon Exec Gets Options

Amazon.com Inc. gave Joseph Galli options to buy 1.96 million shares over the next two decades and a $5-million bonus for joining the company as its president and chief operating officer in June. The executive will get a base salary of $200,000 this year, the company said in a filing with the Securities and Exchange Commission. Galli can exercise the options to buy Amazon.com shares at the price of the shares on June 24, Amazon.com’s filing said. The stock closed at $113.63on that day. Amazon.com rose $10.94 to close at $109.25 on Nasdaq.