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SEC Form 4UNITED STATES SECURITIES AND EXCHANGE COMMISSIONER 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).OMB Number:32350287Estimated
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To fill out this option becomes exercisable, follow these steps:
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Go to the option form or document.
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Locate the section that indicates when the option becomes exercisable.
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Who needs this option becomes exercisable?

01
This option becomes exercisable is needed by individuals or entities who hold stock options.
02
Stock option holders have the right, but not the obligation, to exercise their options and purchase the specified number of shares at a predetermined price.
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When the option becomes exercisable, these holders can choose to exercise their options and potentially profit from the stock's price appreciation.
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Typically, this option is relevant for employees, executives, or investors who have been granted stock options as part of their compensation or investment strategy.
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This option becomes exercisable when certain conditions outlined in the option agreement are met, typically related to the performance of the company or the individual's tenure.
The individual or entity that holds the option and intends to exercise it is required to file this option becomes exercisable.
To fill out this option, complete the designated exercise form provided by the company, ensuring to include all required details such as the number of shares and payment method.
The purpose of this option is to allow a holder to purchase shares at a predetermined price within a specified timeframe, benefiting from any increase in the company's stock value.
The information that must be reported includes the number of shares being exercised, the exercise price, date of exercise, and the identity of the option holder.
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