>Or maybe he would rather exercise his options vs. having them
>expire worthless per his option grant....
What are your facts/source supporting that assertion?
AOL's proxy shows no such detail for SC's options, but does show
that options have 10 year exercise period and:
*Average*
*Remaining* Wghtd Number Wghtd-
Number *Contractual* Average Exercisable Average
Range of Outstanding *Life* Exercise as of Exercise
Exercise as (in Years) Price 6/30/97 Price
Price of 6/30/97
$ 0.01 to $ 6.71 5,303,305 5.2 $ 2.88 4,619,027 $ 2.74
$ 6.87 to $ 7.62 6,146,528 7.1 $ 7.17 2,272,489 $ 7.13
$ 7.65 to $17.25 5,517,845 7.6 $14.12 2,049,418 $13.91
$17.37 to $26.25 5,612,686 8.4 $21.75 1,042,612 $18.90
$26.88 to $42.75 4,784,250 9.1 $30.88 471,366 $33.67
$43.25 to $70.00 1,311,946 9.1 $50.96 229,241 $48.32
$ 0.01 to $70.00 28,676,560 7.5 $16.53 10,684,153 $ 9.74 |
