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Title of Derivative Security Instr. 3 Conversion or Exercise Derivative Security Value 1. 00 Explanation of Responses 5. Relationship of Reporting Person s to Issuer Check all applicable X Director 10 Owner Officer give title Other specify below 6. Michelle J. Pearson By Power of Attorney Signature of Reporting Person Reminder Report on a separate line for each class of securities beneficially owned directly or indirectly. Number of Acquired A or Disposed of and 5 6. Date Exercisable and...
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What is exercise of stock options?
Exercise of stock options is the process by which an employee purchases shares of their company's stock at a predetermined price set by the company.
Who is required to file exercise of stock options?
Employees who have been granted stock options and choose to exercise them are required to file the exercise of stock options.
How to fill out exercise of stock options?
Exercise of stock options can typically be done through an online platform provided by the company. Employees will need to follow the instructions on the platform to complete the exercise.
What is the purpose of exercise of stock options?
The purpose of exercising stock options is to allow employees to purchase company stock at a discounted price, which can potentially result in financial gain if the stock price increases.
What information must be reported on exercise of stock options?
The exercise of stock options typically requires reporting the number of shares being purchased, the exercise price, and any taxes or fees associated with the transaction.
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