Google To Issue New Class of Non-Voting Shares

On Thursday, Google’s co-founders, Sergey Brin and Larry Page, announced that the Internet giant would be revamping its corporate structure. The company is creating a class of nonvoting shares that will be issued for employee stock incentive plans, acquisitions and other stock sales.

http://dealbook.nytimes.com/2012/04/13/new-share-class-gives-google-founders-tighter-control/