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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The claims for these amounts are as interesting as the contractor's conduct before termination, and included such things as anticipated overhead and profits during the base year, both unexercised option years, and two additional years that the contractor alleged would be granted to "favored contractors"; the wages that the contractor's president would allegedly have received over those five years; attorney fees; and an amount the contractor erroneously alleged to be the contract's guaranteed minimum for both the base year as well as for each of the contract's unexercised option years.
He merely lets an unexercised option lapse--and he may get a new option at a much lower price.
The lender said it would offer the 79,337,760 unexercised option rights that subscribe 487,773,512 shares on the stock market, with the timing of the offer to be announced later.
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, 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.
5m of aggregate cash consideration payable to holders of unexercised options and warrants exercisable for shares of Plaza common stock.
5 million of aggregate cash consideration payable to holders of unexercised options and warrants exercisable for shares of Plaza common stock.
The estimated potential contract value, representing managements estimate of value in unfunded indefinite delivery, indefinite quantity (IDIQ) contracts and unexercised options, was $24.