I've been noticing that recently executives have been cashing in stock options with an exercise price of $10, $20, $30, etc. I am wondering how this is possible, since the company's stock was NEVER that low. Other people (non-executives) in my company were granted stock options, but they matched the current market price at the time of the grant. This leaves most of them holding "underwater" options, and at the same time, execs are cashing in with very low exercise prices. So my question is, how is this possible? Thanks!!
2007-04-19
06:58:54
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2 answers
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asked by
keala7
2