MSCI Inc. granted CEO Henry A. Fernandez a one-time stock option award valued at $15 million, with exercise prices set at significant premiums to the current stock price. The options will vest in five years and are subject to continued service. The company also increased his annual long-term equity incentive compensation from $11.6 million to $14.6 million, with the entirety of the award being performance-based. The changes reflect MSCI’s commitment to aligning executive compensation with shareholder value.