I believe the term cashless exercise is used in th

I believe the term cashless exercise is used in the notes. That means the stock is exercised and given to the employee and then they use their broker to immediately sell it on the market. So it does not cost the company cash but Ram and the team then receive the proceeds immediately of the sale.

My comments are only my opinion and are not to be used for investment advice. Please conduct your own due diligence before choosing to buy or sell any investment.