Examlex
On November 19,2011,Rex is granted a nonqualified stock option to purchase 100 shares of Tan Company.On that date,the stock is selling for $8 per share,and the option price is $9 per share.Rex exercises the option on August 21,2012,when the stock is selling for $10 per share.Five months later,Rex sells the shares for $11.50 per share.
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FTC Commissioners
FTC Commissioners are officials appointed to the Federal Trade Commission, responsible for enforcing antitrust and consumer protection laws in the United States.
Year Terms
Fixed periods of time, often used in contracts and employment agreements, that are designated in terms of years.
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