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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (6837)7/30/2002 4:35:53 PM
From: Biomaven  Read Replies (1) | Respond to of 52153
 
will expire worthless rather than being returned to the treasury

Nope - most option plans allow for expired/cancelled options to be recycled and used again.

Peter



To: Ian@SI who wrote (6837)7/30/2002 11:42:52 PM
From: Vector1  Read Replies (2) | Respond to of 52153
 
Ian, it is still important to keep and motivate key people. One alternative to repricing is to allow employees to trade out of the money options for a lesser amount of at market options. The new options could also require revesting. Thus the consideration for repricing is reducing the total number and requiring additonal years of service to revest.

V1


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