Would that be the same as windowed American expiry option? As in - can exercise at any point before expiry, but windowed to be exercisable only after a certain date.
For example, the exercise window starts at 1 Jan 2025, you can exercise the options until they expire, say 1 Jul2025.
the terms and conditions of the original scheme
I did suggest that this might be an idea - it would seem, however, that nobody in the company has a scooby about a not-insignificant proportion of their remuneration!
the company buying usually settles any option
I realised that this would likely be the case later on in the day - I mean, after purchase, the shares would just not exist any more on any listing. Subject to the Ts&Cs of the option grant, I guess.
@wildwest, @Tenderloin, @andyp, @user75580.
Thanks all.
Yep - I meant vesting.
Would that be the same as windowed American expiry option? As in - can exercise at any point before expiry, but windowed to be exercisable only after a certain date.
For example, the exercise window starts at 1 Jan 2025, you can exercise the options until they expire, say 1 Jul2025.
I did suggest that this might be an idea - it would seem, however, that nobody in the company has a scooby about a not-insignificant proportion of their remuneration!
I realised that this would likely be the case later on in the day - I mean, after purchase, the shares would just not exist any more on any listing. Subject to the Ts&Cs of the option grant, I guess.