Exercise (of a Share Option or Other Executive-Plan Feature)

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Term: Exercise (of a Share Option or Other Executive-Plan Feature)

Definition:When a share option holder (owner) actually takes possession of the proceeds of the shares or of the shares themselves, he or she is said to have exercised their share option. In other words, the actual buying of shares under the terms of stock option grant.

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20 - The Basics of Equity Compensation 2
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