No options may ever be granted or modified with an exercise price
less than the fair market value (FMV) as of the grant date (32);
Finally, Part V discusses the potential additional benefit of providing in the option plan for the use of previously acquired shares of employer stock to pay the exercise price
under an ISO, and explores other means of facilitating the exercise of ISOs by employees.
Plus, you should disclose the range of exercise prices
(in addition to the weighted average exercise price
) and the weighted average remaining contractual life for options outstanding as of your last balance sheet.
Under this guideline, most companies have offered employee stock options with fixed terms--both the exercise price
and the number of shares are fixed at the grant date.
The Audit Committee believes, however, that this practice was not used to select favorable exercise prices
The Special Committee found that there were occasions after the grant date and exercise price
was set that administrative changes were made to the grant lists.
The grants were issued on February 18, with 8 employees receiving 68,250 options at an exercise price
The short-term reduction in warrant exercise prices
is intended to provide a quick and inexpensive means to obtain additional capital in a difficult climate for raising capital by entities such as the Company.
OTCBB:PWRB) announced the exercise prices
and ratios for its outstanding warrants.
Quantum Corporation (NYSE:DSS) today announced it will offer its employees a Voluntary Stock Option Exchange program through which eligible employees will be granted new options that are intended to replace certain previously granted options that have exercise prices
higher than the current market price for its shares.
The Board's decision reflects a continuing commitment by Indus to retain employees whose options have exercise prices
above the current market price of the stock.
00 per share from their current exercise prices