GREY:MGMCF - Post by User
Comment by
OilEngon Mar 10, 2014 10:17am
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Post# 22302019
RE:OilEng what is the exercise price of the 23 million options
RE:OilEng what is the exercise price of the 23 million optionsHi Farml1234:
With regard to the vested stock options, about 75% are at $0.16 with the bulk of the remainder in the $0.73 range.
Besides the vested options of 23 million there are another +/- 9 million options that are not vested with the same kind of option price breakdown.
How the unvested options are treated upon a takeover depends on the contract the employees and directors have with the company. However, one possibility is that the unvested options will vest if there is a takeover. That would give the employees and directors about 32 million options in total.