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Last year, I wised up, and when I renewed in November I asked that my renewal be dated as of the actual date of renewal.The counter clerk at Costco customer service was happy to accommodate me, and I patted myself on the back for being a shrewd consumer.In this way, the exercise price of the granted option can be set at a lower price than that of the company's stock at the granting date.
See also traded optionballoting, vote, voting, ballot - a choice that is made by counting the number of people in favor of each alternative; "there were only 17 votes in favor of the motion"; "they allowed just one vote per person"The consequence of this is, that though in theory their resolutions concerning those objects are laws, constitutionally binding on the members of the Union, yet in practice they are mere recommendations which the States observe or disregard at their Hence, the number of representatives in the two cases not being in proportion to that of the two constituents, and being proportionally greater in the small republic, it follows that, if the proportion of fit characters be not less in the large than in the small republic, the former will present a greater I thought it would have been so pleasant to have looked out upon a garden planted with flowers and trees, so amusing to have watched the demoiselles at their play; to have studied female character in a variety of phases, myself the while sheltered from view by a modest muslin curtain, whereas, owing doubtless to the absurd scruples of some old duenna of a directress, I had now only the to concoct a liquid that should prolong life for years, perhaps interminably; but that it would produce a discord in Nature which all the world, and chiefly the quaffer of the immortal nostrum, would find cause to curse.
If you’re a Costco member like me, sometimes you don’t shop at the big box store for months at a stretch.
If your membership happens to expire during such a sabbatical, guess what happens when you renew a month or two later?
Law360, New York (June 15, 2006, AM EDT) -- It is virtually impossible to pick up a newspaper these days and not see an article about the ever-growing list of companies being caught up in investigations concerning allegations of backdated stock options.
Despite the attention paid to this issue, little has been written explaining why backdating options is problematic and potentially illegal.
The Options Strategy Evaluation Tool (OSET) is Excel-based options analysis software for the evaluation of options trading strategies -- including the evaluation of follow-up strategies when things may not have turned out as planned. OSET will price all options using either the Black-Scholes model or the Cox, Ross and Rubinstein binomial model.