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JDS Uniphase Corporation Message Board

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  • rock12077 rock12077 Aug 29, 2005 2:45 PM Flag

    John Peeler

    Wrong, it says 1.51 is the price of the derivative, it also says that 25% vest on the first anniversary of the option grant and then 6.25% vest quarterly... It also says he was granted 300,000 units per performance. Read it carefully... There is no way he can exercise them now, he has to wait until the first anniversary when he can exercise only 25% or 250,000 shares at a price of 1.51

 
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