RS, I found it, you are correct. The earlier filings showed Nov 23 as the date so they must have been extended a month. I don't feel like wading through the filings to find out how/why they were able to do this, but it puts up enough of a red flag for me that I will eliminate the company from my database. Same number of options with same strike price, only the date was changed.
Anyone see a company do this before? I would think it warrants caution, and wonder if newsletter writers take this sort of corporate action into account when recommending a company.
At September 30, 2007, the following stock options were outstanding and exercisable,
except for 95,000 options with a weighted average exercise price of Cdn $10.33
unvested at that date.
Number Exercise Price Expiry Date
Cdn $
860,000 $ 6.45 December 23, 2007
655,000 $ 10.65 September 26, 2008
50,000 $ 12.53 March 17, 2009
75,000 $ 8.25 May 17, 2009
630,000 $ 8.80 June 14, 2009
348,000 $ 5.64 July, 12, 2010
10,000 $ 6.30 December 19, 2010
1,010,000 $ 9.00 May 15, 2011
80,000 $ 8.76 November 1, 2011
45,000 $ 10.94 January 19, 2012
95,000 $ 12.46 March 12, 2012
50,000 $ 12.45 May 1, 2012
1,200,000 $ 9.57 September 5, 2012
5,108,000 |
