Perion is now owned approximately 81% by the existing Conduit shareholders and
option holders and 19% by existing Perion shareholders and
option holders, on a fully diluted basis.
Tangiers Petroleum has got around A$7mln after a strong response from
option holders and new shareholders in an underwriting deal on outstanding options.
Aurium directors unanimously recommend that shareholders and listed
option holders vote in favour of the share and option schemes at the scheme meetings in the absence of a superior proposal and subject to an independent expert concluding that the offer is in the best interests of Aurium share and
option holders.
In the event that the CXN Optioned Shares are exercised by the
Option Holders,
As many
option holders often exercise an option and sell the stock for cash the same day, disqualifying dispositions are very common.
By agreeing to "pay" for the underwater stock options with guaranteed shares (subject only to time vesting), Apple shareholders absorbed the risk and have reaped the rewards as if they were themselves
option holders.
The payments will be made by wire transfer or by mail in the form of a cheque to shareholders of record as of October 18, 2005, the closing date of the asset sale, and to
option holders.
may reconsider its plan to allow
option holders to vote alongside shareholders on its proposed merger with Adolph Coors Co.
Then the steep market downturn rudely reminded
option holders that the popular form of equity compensation is not an automatic money machine.
The shareholders and
option holders of Coventry also approved the Merger at its meetings of shareholders and
option holders held today.
Following the closing, Perion will be owned 81% by the existing Conduit shareholders and
option holders and 19% by existing Perion shareholders and
option holders, on a fully diluted basis.
Many of these
option holders, together with a small number of holders of options on Comcast Class A Special Common Stock, have no ongoing employee affiliation with Comcast.
