(Total Views: 823)
Posted On: 06/26/2020 11:21:19 PM
Post# of 153908
Re: reallypeople? #39429
“Ya purchased them at a great price . A big fat 0 cost.”
To be clear, your above statement is incorrect. These 225,000 stock options must be purchased within 10 years at a price of $6.15. Yes, the stock options were given to him at zero cost, but he’ll have to pay $1.3 million to purchase the stock. If they are not purchased, they will expire and the person awarded the shares would then have to purchase the shares on the open market at the market price.
To be clear, your above statement is incorrect. These 225,000 stock options must be purchased within 10 years at a price of $6.15. Yes, the stock options were given to him at zero cost, but he’ll have to pay $1.3 million to purchase the stock. If they are not purchased, they will expire and the person awarded the shares would then have to purchase the shares on the open market at the market price.
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