Reload Option

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Reload Option

Employee stock options that can be traded for more employee stock options. When this option is exercised, the option holder pays the strike price in stock already in his/her possession, rather than in cash. A reload option must be exercised prior to the expiry date because the new stock options retain the former expiry date. When the reload option is exercised a new strike is set; it is equal to the market value of the underlying stocks at the time the first option is exercised. This is useful to an employee if he/she wishes to set a new, lower strike for the option. See also: Early Exercise.
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5GB (MYR30, 30 days) and 6GB (MYR50, 60 days); those customers opting for either of the latter two reload options will also benefit from a 500MB bonus.
Reload options help executives finance option exercise through stock without sacrificing the shareholder linkage or diluting the executive's holding in company stock.
Some view reload options as similar to that issue and therefore advocate variable plan accounting.
In a reload option, the minimum award of 1,000 options from the above example is established, but the ultimate number of options is unknown because of two variable factors: (a) the market price at the date of exercise and (b) whether the employee will elect a stock-for-stock exercise, cash-for-stock exercise or a combination of both.
This result occurs because the employer obtains a treasury share for each reload option.
Additional Cash Loading Options: Cardmembers can now load their Cards via cash using the Vanilla Reload Network by InComm at Office Depot locations or other participating locations nationwide, giving American Express Prepaid Cardmembers the convenience and ease of more reload options.
Meredith: But the reload options that you're talking about--in terms of taking the old options and granting new ones at a reload price--represent 3 or 4 percent of corporate practice today.
As part of the multi-year agreement, MoneyGram introduced Utility Bill Payment services at Duane Reade locations that already offer MoneyGram money transfers, money orders and ExpressPayment[R] services for urgent bill payment and reload options for prepaid debit cards.
With high quality, ease of use, low international rates, and multiple purchase and reload options, Send Global is positioned for rapid growth and industry branding as the preferred choice when placing international calls from the convenience of cellular phones.
The awards may be in the form of stock options, reload options, limited stock appreciation rights and/or dividend equivalent rights.