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Note this wording is slightly different than when the building option is exercisable.
If the option is exercisable after a first no vote, it could allow JPMorgan to acquire this stake and vote it in the revote.
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Expires on June 30, exercisable at $55. June 30: Stock ends at $60; option is exercised because it is above $55.
It is impossible to determine how many of the executives' options are exercisable at current prices.
A $28 million option bonus is exercisable on the fourth day of the 2012 League Year, typically in early March.
AT&T Broadband, the largest cable TV company, holds a warrant to buy a nonvoting stake in Fox News that is exercisable until Jan . 2 a Fox spokesman, Andrew Butcher, said.
This power is exercisable by the Minister only and the Minister must be satisfied that it is in the 'national interest' (s 501BA).
The executive authority of Singapore is vested in the President and is exercisable by him or by the Cabinet of Singapore or any Minister authorized by the Cabinet.
Kurnit also negotiated his 2.6 million Primedia stock options, to be exercisable at 30% of the value of Primedia stock on the closing date.
Expires on June 30, exercisable at $55. June 30: Stock ends at $40; option is not exercised and it expires worthless because stock is below strike price.
But Mr. Singleton testified that he told an old friend and former Tribune executive last summer, that the option "was not exercisable".
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CEO of Professional Science Editing for Scientists @ prosciediting.com