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To: The Duke of URLĀ© who wrote (172764)1/31/2003 3:00:51 AM
From: Dave Budde  Respond to of 186894
 
Agreed, if in fact they were issued below market. This does only apply to section 83 non-qualified options. ISO opitions have limitations on total grant value (grant price times fair market value), so executive options are likely to be non-qualified, but I would bet they are only granted at fair market value.