Options backdating wikipedia

Reyes was originally convicted in 2007, Reyes's trial began on June 18, 2007, making it the first criminal trial in which a backdating prosecution was considered before a jury.

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Stephanie Jensen, former Brocade's executive in charge of human resources, was also involved in this operation of illegal backdating and sentenced in 2008 during a separate trial.Reyes obtained his first CEO position with Wireless Access, a Silicon Valley start-up company specializing in two-way pagers.Reyes served as President and CEO until Wireless Access was bought out in 1997 by Glenayre Technologies.Gregory Reyes (born September 1, 1962) is an American businessman who most recently served as the Chief Executive Officer (CEO) for Brocade Communications.He is the first person to have been convicted for fraudulent backdating of corporate stock options.

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