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The general reason companies backdate options is to create a lower exercise price, which in turn increases the probability that exercising the options will make more money for the optionee.Stock prices change, however, and there is no guarantee that any stock price will ever be above the exercise price.

On the day he decides to exercise his options, Company XYZ shares are trading at .Or3 caring for a person who has or has claimed the middle or high rate care component of Disability Living Allowance or Attendance Allowanceor PIP Daily Living Component.If the applicant does not fit into any one of the above situations that would stop them being available for work, then they should claim Jobseekers Allowanceinstead.Typically, the grant date of the stock options is the same as the date of the board meeting.This is important to note, because the grant date is what determines the exercise price on the options.

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