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SEC Form 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONER 4Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPCheck this box if no longer subject to Section 16. Form 4 or Form 5 obligations
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How to fill out the option exercise and

01
To fill out the option exercise, follow these steps:
02
Review the terms and conditions of your option agreement to understand the exercise window and any restrictions.
03
Determine the number of options you wish to exercise.
04
Calculate the total cost of exercising the options by multiplying the number of options by the exercise price.
05
Make sure you have sufficient funds or available cash to cover the cost of exercising the options.
06
Contact your broker or the company's stock administration department to initiate the option exercise process.
07
Complete any necessary forms or paperwork required for the exercise, providing accurate personal and account information.
08
Submit the completed forms along with the payment for the exercise cost.
09
Wait for confirmation of the exercise completion and the issuance of the corresponding shares.
10
Update your investment portfolio or records to reflect the exercised options and any resulting stock ownership.

Who needs the option exercise and?

01
Option exercise is typically needed by employees or individuals who have been granted stock options as part of their compensation packages.
02
It allows them to convert their options into actual shares of stock, enabling them to benefit from any potential increase in the stock's value.
03
Investors who hold options as part of their investment strategies may also need to exercise their options when their investment objectives align with doing so.
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The option exercise is the process of purchasing or selling a specified number of shares of stock at a pre-determined price within a certain time frame.
Employees or individuals who have been granted stock options are required to file the option exercise.
The option exercise form must be completed with details such as the number of shares to be exercised, the exercise price, and any payment information.
The purpose of the option exercise is to allow individuals to take advantage of their stock options by purchasing or selling shares at a favorable price.
The option exercise form typically requires details such as the number of shares exercised, the exercise price, and any taxes owed.
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