Company gave us 1000 shares. If it doesn't reach $42 we can't sell. - Page 2

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Company gave us 1000 shares. If it doesn't reach $42 we can't sell.

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#11

11-07-2006, 03:13 AM

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Join Date: Mar 2005

Posts: 50

Re: Company gave us 1000 shares. If it doesn\'t reach $42 we can\'t sell.

Correct.

If the original options had were priced at $42, then when the stock split (assumes 2 for 1) then the new exercise price is $21.

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