SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lizzie Tudor who wrote (91157)10/2/2007 9:45:06 PM
From: RockyBalboaRead Replies (1) of 306849
 
since most employee options plans here are backdated (employees get the low of the quarter backdated to their start date)


The above would not be acceptable.

I also work for a U.S. corporation and hence I know the formulae firsthand.
Related to purchase plans they have backdating not built in. They do have a rule that the "lesser of" the prices at the quarters begin and end are used to price stocks; less a discount. But this is disclosed in S 8 or annual reports and it past muster with the SEC...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext