Sentences with phrase «shares of the underlying stock upon»

Selling, or writing, a put contract means you are obligated to purchase 100 shares of the underlying stock upon assignment.

Selling, or writing, a call contract means you are obligated to deliver 100 shares of the underlying stock upon assignment.

Selling, or writing, a call contract means you are obligated to deliver 100 shares of the underlying stock upon assignment.

Selling, or writing, a put contract means you are obligated to purchase 100 shares of the underlying stock upon assignment.

Not exact matches

For example, if company ABC and XYZ are both selling for $ 50 a share, one might be far more expensive than the other depending upon the underlying profits and growth rates of each stock.

With respect to Awards granted to an Outside Director that are assumed or substituted for, if on the date of or following such assumption or substitution the Participant's status as a Director or a director of the successor corporation, as applicable, is terminated other than upon a voluntary resignation by the Participant (unless such resignation is at the request of the acquirer), then the Participant will fully vest in and have the right to exercise Options and / or Stock Appreciation Rights as to all of the Shares underlying such Award, including those Shares which would not otherwise be vested or exercisable, all restrictions on Restricted Stock and Restricted Stock Units will lapse, and, with respect to Awards with performance - based vesting, all performance goals or other vesting criteria will be deemed achieved at one hundred percent (100 %) of target levels and all other terms and conditions met.