Replies to post #38874 on Cel Sci Corporation (CVM)

[sab63090]

@ W_W

Years ago there was a process which is now Illegal that was called "back dating of options" which many companies used for their executives....let's say the stock was selling for $20, the company would issue option awards for a strike price of, say, $15....that is no longer the case.

So, in a nutshell, any option award issued today has to be related to the closing price of the stock on the same day as the award...

So, yes you are correct!