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Employee options plan coming into exercise period

Joined
8 August 2006
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Hi all

I have some options in the company I work for. Can I please get some suggestions on what I should do... Or what would you do if you were in my position?

Here are the details:
Option type: Perf Options (?)
Exercise price: $20.68
Exercise period: 05.11.2007 to 04.11.2011
Current underlying share price: $22.05

What are my options with my options D)?!!

p.s. did I leave out any details?
 
Whats the oppie code?

If they're american options, you can exercise them anytime. So if you want to cash them in they're worth about 22.05 - 20.68 = $1.33
Perf options usually don't trade so u wont be able to sell them on mkt
 
Whats the oppie code?

If they're american options, you can exercise them anytime. So if you want to cash them in they're worth about 22.05 - 20.68 = $1.33
Perf options usually don't trade so u wont be able to sell them on mkt

It's an Aussie (and New Zealand) company.

I'm going to do a cashless exercise and pocket the the diff (approx $1.33) minus the brokerage.
 
Here are the details:
Option type: Perf Options (?)
Exercise price: $20.68
Exercise period: 05.11.2007 to 04.11.2011
Current underlying share price: $20.64

Oh no. The options expire tomorrow!!

Is it possible to extend the expiry date? Or what can I do?

If I can't do anything about it. Looks like I'm going to loss out completely!
 
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