31.   If the stock falls below the exercise price, the option is worthless.

32.   If the stock keeps falling, they will get options with lower exercise prices.

33.   In any event, the exercise prices for the options will be set at one-third, one-half and double the recent share price.

34.   It cut the exercise price of all its options but at the same time reduced the exercise price for two top-ranking executives even further.

35.   Normally the options are issued with the exercise price set equal to the current price of the stock.

36.   Normally, the options are issued with the exercise price set equal to the current price of the stock.

37.   Option holders do not usually receive dividends, which means they make a profit only on any appreciation of the stock price beyond the exercise price.

38.   So the exercise price was cut to the current market price.

39.   The AMT applies to the difference between your exercise price and the price of the stock the day you exercised.

40.   The company declined to provide exercise prices of the options the executives used to buy the shares before selling them.