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Post# of 53694
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fishhunter

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fishhunter

Re: in99flyers post# 53070

Monday, 04/17/2023 3:46:30 PM

Monday, April 17, 2023 3:46:30 PM

Post# of 53694
Your point is correct. He had three choices:
1. Exercise the options and pay the company $20,950 and keep the shares.
2. Do what he did, and pocket $8800.
3. Do nothing and let them expire July 1st.

#3 would have been the most stupid. And with #1, maybe he didn’t have $21k laying around. He likely did what he did because it was the easiest and he could pocket a few bucks.

I still hate it though but agree it’s mostly a nothing burger.
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