Companies reap another benefit when their employees exercise options.
The city will exercise options on land for the arena that were set to expire today.
Many executives sell shares or exercise options to pay for their new homes.
They have made two decisions, declining to exercise options on Moises Alou and Mark Grudzielanek.
Teams had until Wednesday to exercise options on rookie-scale contracts.
And when workers exercise options, they help their employer in another way, by reducing the number of options outstanding.
When employees exercise options, the tax they owe on the transaction becomes a deduction for the company issuing the shares.
Still, why would a dozen employees who held additional shares all suddenly decide to exercise options to sell?
National League LOS ANGELES DODGERS--Declined to exercise options on the contracts of RHP Jeff Shaw and INF Tim Bogar.
The JetBlue Airways Corporation, a growing low-cost carrier based in New York, said yesterday that it would exercise options to purchase 30 new A320 jets from Airbus.
Without laying out the details, Mr. Pitt said executives should be able to exercise options only after their companies' results have proved to be sustained.
