The banks exercised their option to purchase an additional 1.57 million shares- a sign of a successful IPO.
For workers who exercised the option for less than a full career, the personal account would substitute for proportionally less.
Kim, 25, joined the Baggies on loan from Seongnam Ilhwa Chunma in January and the club have exercised their option of making the deal permanent.
Both the NBA and NHL had options to extend their current agreements through the 2011-2012 season, and the NHL players association exercised their option last week.
We reserve the right to exclude nonprofits whose numbers we questions, an option exercised a few times over the years.
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In retirement, benefits payable from the personal accounts would substitute for a portion of Social Security benefits based on the degree to which workers exercised the account option over their careers.
Louis Cardinals announced a three-year contract extension with general manager John Mozeliak on Thursday and exercised the 2014 option for manager Mike Matheny, hoping the pair will keep the team contending for the World Series.
The reason for this is the nearer term option that you are selling is then out of the money which reduces the initial probability that the option will be exercised by a counter party and you will have the option assigned.
Only when the option is exercised does a transaction with tax and bottom-line implications take place.
That money would be guaranteed if the option is exercised after the third year of the contract.
Two years later the option was exercised, and Robert Noyce and his seven partners had made their first fortunes.
Both properties were owned by Mapletree Investments, which will own 32% to 35% of the trust, depending on whether an overallotment option is exercised.
He notes that on a fully diluted basis, the company will have 194 million shares outstanding after the offering, assuming the over-allotment option is exercised.
"If this option is exercised it would be temporary, " Nichols said.
Stock options allow someone to buy stock at a fixed price, which, in the case of Cheney, can be below what the trading price is at the time the option is exercised.
In the case of the oil company, for instance, the cost of land corresponds to the premium (or down-payment) on a call option, and the extra investment needed to start production to its strike price (at which the option is exercised).
Furthermore, if options are an expense, shouldn't that charge be reversed if the option is not exercised?
Stock option gains in Germany when exercised are still taxed as ordinary income, but at least the top rate is coming down.
Preparations for doing so should be in train now as this option may need to be exercised far more quickly than some would have us believe.
After the offering, the company will have about 160.3 million shares out, not counting a 3.4 million share over-allotment option, which clearly seems likely to be exercised.
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He is compensated via stock option grants that vest over time, but has exercised and sold just a small portion of his options.
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So big is the option plan at Cypress that if all options were exercised, employees would own a fourth of the company (called, in options parlance, the "overhang").
The idea is to hold on to employee stock until at least two years after an option is granted and one year after it's exercised.
His deal was due to expire in 2011 but included an option for a further two years, which the club have exercised.
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