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Joe Aston

Jay-Z's manager exercises Afterpay options

Those Afterpay options just keep bursting into blossom for their most fortunate recipients.

Since the company’s shares bottomed out at $8.90 on March 23, its options holders have been falling over themselves to crystallise big profits on the gifts Anthony Eisen so indulgently granted them. With April 30 the deadline for finalising FY19 tax returns through an agent, many were doing so to make good with the Tax Commissioner after the options vested in that financial year.

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Joe Aston is the founder of Rampart and the best-selling author of The Chairman’s Lounge: The inside story of how Qantas sold us out. From 2012 to 2023, Joe helmed The Australian Financial Review’s Rear Window column. Email Joe at hello@rampart.news

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    Original URL: https://www.afr.com/rear-window/jay-z-s-manager-exercises-afterpay-options-20200630-p557oy