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Asabaliauskas on DSK3SPTVN1PROD with NOTICES Federal Register / Vol. 81, No. 92 / Thursday, May 12, 2016 / Notices alternative opportunity to exercise their right to nominate directors for the Board,
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Alternative opportunity to exercise is a way for employees to fulfill their exercise requirements in a stock option plan without actually purchasing the stock.
Employees who wish to utilize the alternative opportunity to exercise option in a stock option plan are required to file.
Employees can fill out the alternative opportunity to exercise form provided by their company, indicating their intent to exercise their stock options without actually purchasing the stock.
The purpose of alternative opportunity to exercise is to allow employees to benefit from stock options without having to come up with the cash to purchase the stock.
The alternative opportunity to exercise form typically requires information such as the number of stock options being exercised, the exercise price, and the employee's decision to not purchase the stock.
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