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To: Biomaven who wrote (155899)4/13/2005 11:58:56 AM
From: kpfRead Replies (1) | Respond to of 275872
 
Peter

Certainly - for at the money granted options this is so.

The AMD ones I was talking about were those given out before AMDs policy of at the money grants was in force - many of these with strike prices way lower than stock price at the time of grant.

Would this not be considered in the valuation for expensing purposes?

K.



To: Biomaven who wrote (155899)4/13/2005 12:07:22 PM
From: PetzRespond to of 275872
 
re: expense proportional to strike price
All the more reason to replace them with fewer, lower-strike, options.

Petz