Optionee

Financial industry argot for transaction under which one may become obligated to deliver upon demand property not in current possession and/or ownership of optionee. ❋ Unknown (2008)

I believe that about twenty-five years ago, the optionee of the SW corner of 95th and Broadway in NYC now the location of, among other things, the Leonard Nimoy Theater lost its rights because the option violated the RAP and was therefore unenforceable. ❋ Unknown (2007)

Upon acceptance by Freewest, the options will be immediately cancelled and an optionee will have no further rights with respect to such options, other than the right to be paid for them. ❋ Unknown (2010)

GAAP because the exercise price of the stock options is denominated in a currency other than the Company's functional currency or the currency in which the optionee is normally compensated. ❋ Unknown (2010)

When I have done an option, as optionee or optionor, the sale terms and conditions are included. ❋ Algorri (2010)

Usually the seller will need to notify that optionee with the terms and conditions offered by an outside buyer and they will have a period of time to notify the seller if they intend to purchase at or above that price. ❋ Unknown (2010)

The options expire at the earliest of: (1) seven years after the grant date, (2) three years after death or any other event of termination of employment, (3) after any unvested optioned shares held by the optionee are cancelled for any reason, and (4) in the case of early retirement, after a determination that the optionee has competed with the Company or violated any non-competition, non-solicitation or non-disclosure obligations. ❋ Unknown (2010)

After the period for them to notify them of their intent, the optionee usually will lose that right and the seller will be free to sell under the agreement. ❋ Unknown (2010)

Options vest sooner if the optionee dies, retires, or becomes disabled. ❋ Unknown (2009)

** If an optionee becomes an employee of the Company, then, for purposes of this Section 4 (h) only, that optionee's '' Non-Employee Director '' status shall be deemed to continue as long as the optionee remains an active or advisory director of the Company. ❋ Unknown (2009)

The Company will ordinarily be entitled to a deduction on the exercise date equal to the ordinary income recognized by the optionee from the exercise of options or SARs. ❋ Unknown (2009)

NQSOs, SARs, and Limited Rights An optionee does not recognize taxable income on the grant of NQSOs or SARs, but does recognize ordinary income on the exercise date. ❋ Unknown (2009)

If an optionee holds the shares acquired ( '' ISO Shares '') for at least one year from the exercise date and two years from the grant date (the '' Required Holding Periods ''), the optionee's gain or loss upon a sale will be long-term capital gain or loss equal to the difference between the amount realized on the sale and the optionee's basis in the ISO Shares. ❋ Unknown (2009)

Tax Treatment Incentive stock options   No tax deduction for the Company at grant or exercise  Capital gains treatment to optionee upon sale of stock  Potential AMT liability to optionee at time of exercise  In the event of a disqualifying event, see Nonqualified stock options. ❋ Unknown (2009)

Tax Treatment (cont.) Nonqualified stock options Tax deduction at exercise in amount equal to "spread"   Ordinary income to optionee in amount of spread at exercise  Potential ordinary income at grant if negligible exercise price Employee Equity Incentives July 9 and ❋ Unknown (2009)

Under the plan, options vest equally one-third on the first, second and third anniversary dates from the option grants and expire in five years or immediately from the date from which the optionee ceases to be a director, officer or employee of the Company or six months after the involuntary withdrawal of the optionee. ❋ Unknown (2009)

A zero percent stock price appreciation will result in zero dollars for the optionee. ❋ Unknown (2009)