S3 (A LONGER TERM PERSPECTIVE) Message Board

STOCKTALK

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.

Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

0.0%

May 12 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bill Lin who wrote (7011)	10/29/1997 7:13:00 PM
From: SidStock	Read Replies (2) of 14577

Bill, Looks like the bulk of the 1995 15 options where repriced in 7/96. The Company repriced 2,713,657 options to $10.06, the market price on July 15, 1996. The repriced options are treated as canceled and regranted, however, they retain their original vesting terms. This would have also reset the 4yr vesting period to start 7/96. If most options are now at 10, I would not expect a repricing now since it would again reset the vesting. Also, note that anyone who joined the company from 95-97 has no equity in their options. This can be bad for morale if your options are under water after 2 1/2 years, and possibly staying worthless for another 9 months to a year. Some may have gotten lucky exercising when it went to 15-18 range, thus diluting the stock. Sid

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next