M2 EQUITYBITES-August 22, 2019-Avino grants restricted share units and stock options
to directors, officers, employees and consultants
Regarding 'Renesas Electronics Corporation Stock Options
for FY2019 (Series No.6)'
The company said a total of 159,167 new shares have been subscribed for its stock options
2013B, a total of 345,400 company's new shares have been subscribed for the company's stock options
2013C; and a total of 50,000 shares have been subscribed for the company's stock options
Biopharmaceutical company Akebia Therapeutics Inc (NASDAQ:AKBA) announced Monday that it has approved inducements stock options
material in connection with the employment of six new employees under NASDAQ Listing Rule 5635(c)(4).
International Resource News-March 5, 2018--Bear Creek Mining authorises and approves grant of 650,000 incentive stock options
to Paul Tweddle
A company can make the stock option
exchange accounting neutral by decreasing the number of shares received in the exchange to a level that makes the fair value of the repriced options equal to the fair value of the options received on the original grant date.
The value of the benefit for each stock option
is now determined based on the difference between the market price on the date the stock option
is exercised or exercisable, whichever is lower, and the discounted price offered by the employer.
While it is true that stock option
compensation is mainly understandable as a mechanism aligning the interests of managers with the interests of shareholders, the underlying consideration behind this explanation is the ability of top executives to affect the value of a firm by their individual actions.
The Securities Class Action Clearinghouse, a database maintained by Stanford Law School, lists 21 securities fraud class actions involving allegations of stock options
"The recent headlines of backdating and manipulating stock option
grants have incited increased attention from auditors and regulators," said Patrick Taylor, CEO of Atlanta-based Oversight Systems, in an announcement.
Many companies are still considering modifications to their existing stock option
plans before they adopt Statement no.
123(R), Share-Based Payment, has a single goal: to report the fair value of employee compensation paid in the form of stock options
and other share-based payments in financial statements.
Guay, 2001, "Stock Option
Plans for Non-executive Employees", Journal of Financial Economics, 61:253-287
The increase in stock option
grants is becoming increasingly controversial as disclosures emerge that senior executives of companies such as Enron Corp.
TEI next said that taxpayers have been threatened with penalty assessments for failing to timely deposit withholding and payroll taxes on the day after an employee exercises a stock option
. The next-day deposit rule, TEI said, is nearly impossible for companies to comply with in the context of broker-assisted stock option