Unexercised Option

Unexercised Option

An option in which the holder does not buy (in a call) or sell (in a put) the underlying asset by or on the expiration date. An option holder may let a contract expire unexercised because the price of the underlying has moved in an unfavorable direction or if exercising would harm his/her overall investment strategy. In an unexercised option, the contract becomes worthless and the holder loses the premium he/she paid to purchase it.
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He merely lets an unexercised option lapse--and he may get a new option at a much lower price.
the Option to Purchase Common Stock issued by the Company to Merrimen on April 9, 2010, and the right to 100% of the unexercised option shares.
The contract contains four unexercised option periods, which if exercised, would increase cumulative contract value to $400,000,000.
The contract also contains one unexercised option and two planned modifications, which if exercised would increase cumulative contract value to $43,472,004.
The task order also contains one unexercised option, which if exercised would increase cumulative task order value to $15,773,000.
In addition, at the Effective Time, (i) each outstanding, vested and unexercised option to purchase shares of Company common stock was cancelled and converted into the right to receive, a cash amount equal to the number of shares underlying such option immediately prior to the Effective Time multiplied by the amount by which US$5.
The largest gains and losses were concentrated among a handful of CEOs and were due primarily to changes in unexercised option value.
In addition, each outstanding and unexercised option to acquire a share of common stock of Homestead Bancorp will be converted into the right to receive cash in an amount equal to $17.
UTMD's dilution from unexercised option shares added to actual weighted average outstanding shares for purposes of calculating eps was 74,500 in 1Q 2007 compared to 117,300 in 1Q 2006.
UTMD's dilution from unexercised option shares added to actual weighted- average outstanding shares for purposes of calculating diluted eps was 87,100 in 4Q 2006 compared to 246,300 in 4Q 2005, and 99,400 in year 2006 compared to 230,200 in 2005.
UTMD's dilution from unexercised option shares added to actual weighted average outstanding shares for purposes of calculating eps was 91,800 in 3Q 2006 compared to 221,600 in 3Q 2005, and 102,000 in 9M 2006 compared to 223,800 in 9M 2005.