81. Even if the options are eventually exercised, the company will have been out the cash during the intervening years. 82. Even if the stock then tumbled, many executives who had followed a regular program of exercising their options and selling their stock became far richer than their predecessors. 83. Even worse, some have exercised options at high levels and watched the underlying stock collapse. 84. Exercising that option could cause a mistake like Minnesota made, Rendine said Monday. 85. Few analysts expect BA to exercise the option, arguing that it would simply be sinking more money into a carrier over which it can exercise only limited leverage. 86. Few analysts expect BA to exercise the option, arguing that it would simply be sinking more money into a carrier over which it exercises only limited leverage. 87. Few investors exercised the option, however. 88. Executives commonly choose to exercise their options to buy stock at below-market prices, and resell them, pocketing the difference. 89. Five other Agco executives bought stock in August, each of them exercising options. 90. First, investors buy and sell them in advance of the date when they can exercise the options and buy the underlying shares. |