That exercise price, or strike price, usually takes one of three forms: the closing price on the day of the grant; an average of the highs and lows of the day; or the closing price from the previous day.
The lower the strike price, the greater the potential for making money when exercising the options.
; we have however located a very good condition frame which is only 104 away from the engine number on the machine (Honda numbers never matched exactly anyway) complete with stamped Chassis plate that has a US Title and NOVA Certificate which goes with the bike should someone feel inclined to swap everything over; SOLD Matchless Classic Motorcycles For Sale Matchless G12 CSR for sale; 1963; extensive works carried out in recent years with Invoices Showing Rebore/Piston, Forks, Gearbox, Magneto etc having received attention; still wearing Dunlop Rims; anti wetsump valve fitted; tank transfers clearly not correct but actually much nicer than original badges in my opinion; very pretty machine that runs and rides very well; fanbtastic value when compared to the equivalent Triumph of that era SOLD Moto Guzzi Classic Motorcycles For Sale Moto Guzzi T3 California (project) for sale; 1980; very original UK supplied machine that starts easily, runs and rides well; the recorded mileage of under 17,000 is almost certainly correct, we have most MOT's going back to 1991 showing 4,000 and gradually increasing thereafter; it is a bit scruffy but very original; the switch gear is the original 'Lego' type but everything seems to be working well; the screen has a crack in it; this machine has a couple of faults that will require attention at some point:- 1) the engine rear main seal appears to be leaking slightly which causes the clutch to slip a little once it is warmed up thoroughly and 2) the fuel tank probably has a pin hole leak in that there is a blister in the paint by the offside tank badge, there is no evidence of any fuel leaking but it will probably require lining inside; it does have a mopre modern luggage system with it but the original style panniers are also present, these will require repainting though; if the machine does not sell as it is by the time the workshop has some space, we will repair the clutch and tank but this will naturally increase the asking price SOLD Norton 30 Manx for sale; 1960 delivered new to Lawton & Wilson; Summerfield engine & Quaiffe 5 Speed gearbox rebuilt by George Cant to very high spec including Titanium Conrod , coil valve springs; Bore 86 Stroke 85.8; Twin plug head , 1 1/2 GP Carb , Twin spark rotating magnet mag; Dyno'd in January this year which showed Max Power at 42.12 HP and 35.27 ft-lbs of Torque; original Oldani front brake; Raced by George Cant (pictured in Classic Racer Magazine) and Jeff Boniface ex George Cant / Mike Braid bike and has recently been set-up by Stuart Tongue; great condition with many rare original parts (Ray Petty tank, ex Steve Lancefield rear brake from one of his own TT Machines, twin plug magneto and head) 29,500 Norton ES2 / Model 50 for sale; 1937; frame number suggests a Model 50 but the frame appears to be a CJ; engine fitted is an ES2; V5c shows it as being first registeredf 17th November 1937; clearly an older restoration/build but still a lovely looking machine that runs and rides very well SOLD Royal Enfield 500 Electra X 'Bullet' for sale; 2006; Metallic Dark Blue; 8,000 miles; original paperwork including Bill of Sale from supplying dealer plus another from a subsequent sale with it; Toolkit; two keys; Gold Star style exhaust fitted but original is with it; starts easily on the kick starter despite the fact that the de-compressor appears to have been removed and naturally it has electric start as well; runs and rides very well and feels very lively if a little noisy with the exhaust currently fitted; extremely tidy but it does have the odd little mark here and there and there is some light pitting on the exhaust pipe currently fitted SOLD 1933; all original numbers including registration; three (including the original) Buff Log Books and current V5c; this machine has been in the possesion for the last 56 years of John Clayton who has sadly now left us; John was a long time President of the Rudge Club as well as the Machine Registrar; this machine was his main daily transport after he restored it in 1961 for 28 years and it was used for commuting as well as trips to the I. SOLD Triumph 6T Thunderbird for sale; 1960; Matching Numbers; original transferable registration; original Buff Log Book; ex Metropolitan Police with Buff Log Book showing them as the original keeper; genuinely unrestored and original; it has the Burgess exhausts with removalble baffle and the correct original Tank Top when the Police Radios were not fitted; even the seat cover is original; I am reliably informed that the speedometer is also correct in that the Met did not use the normal 6T Revolator; believed to have been used by the Special Escort Group/Precision Riding Team; really interesting history including that it was one of a group of machines taken back to the Meriden Factory and fully converted to T110 spec to improve performance demanded by the Police which included replacing the cylinder head and front wheel, this is all well documented including all parts used; well Patinated cosmetically and superb mechanically; mechanically a very quiet but extyremely quick engine; lovely to ride 6,995 Triumph TR6C Trophy for sale; 1970; Matching Numbers; rare genuine TR6 Competition with Club Certificate; comprehensive professional restoration carried out 1,500 miles ago by a well known and respected restorer with Invoices and photo record; this machine not only looks superb, it is fabulous to ride; OK, it's not the original colour for 1970 but it does look much nicer than the original Green; fitted with high visibility adjustable LED light on the front mudguard but this can easily be removed without leaving and holes in the mudguard due to a clever bracket that was made for the job but it is really bright and great if you want to be seen 12,500 Triumph T100 Bonneville for sale; 2012; 3,500 miles; Centre Stand; Rear Carrier; Triumph Screen; dry use only and in stunning condition throughout; rides as a new machine; really lovely; 2 keys, Books, pouch etc all present; previously supplied by ourselves 5,850 Triumph TR6 Trophy for sale; 1967; Export spec; Matching Numbers; extremly correct apart from being fitted with a Concentric Carb; very recent full restoration by a retired engineer including dynamically balanced engine; the engine is very sweet and it does ride extremely well; 8,850 Triumph Tiger 90 for sale 1966; Matching Numbers; older restoration but still lovely and very little use since; starts easily; runs and rides extremely well; lovely little lightweight twin HELD Triumph 900 Thunderbird for sale; 1996; Green & Cream; 2,200 miles from new; Handbook; Tools, 2 keys etc; stunning condition, genuine 'Timewarp'; properly dry stored from 1999 until last year when it had around 1,500 spent on full recommissioning; now runs and rides pretty much as new and without fault; Triumph loud exhausts fitted but original are with it; Triumph King-Queen Seat which is really comfortable; these machines are starting to become collectable and I very much doubt there is a better one available; shorter Triumph Screen available if preferred HELD Triumph T100 Daytona for sale; 1971; Olympic Flame & Silver; Matching Numbers; single carb conversion; starts easily, runs and rides really very well; sweet engine; lovely example throughout SOLD 1962; Sky Blue & Silver; Matching Numbers; original 5 digit registration; original UK Machine; 90% finished project; I can't see any more expenditure required as it all appears to be there (apart from the rear grabrail although th eprevious owners promised to let me have it) and just needs finishing off although many items are loosely assembled to show the machine better; the work looks to have been carried out to a high standard; nothing was left untouched including the instruments and magneto; we will complete this machine if not sold before a space in the workshop appears1960; original Buff Log Book; all original numbers including registration which is transferable (but you just couldn't! Classic Motorcycles bought, Classic Bikes Wanted, Classic Motorcycle Buyer.
); this machine is the 'Pinks Production Racer' that was supplied to, owned and raced very succesfully by Pinks of Harrow; amongst other successes it came third in the Thruxton 500 mile races in 1961 & 1962; lots of literature relating to the bike with it including photo of it in action and magazine articles/features; still has its 'Pink' Fairing & racing seat with it but not fitted; currently fitted with Monobloc Carb but the original TT is also with it; Dunlop front and Borrani rear rim; in correct standard road trim now and looking great; older restoration; this is a very rare opportunity to acquire a rather special Velocette with excellent Provenance Vincent Rapide (Black Shadow spec) Series C for sale; Matching engine & UFM Numbers (1900 apart) but RFM has been changed at some point in its early life (before 1969); Original Registration & Buff Log Book; Matching Crankcase Mating Numbers; same ownership since 1969 with a Bill of Sale from the supplying dealer at that time and only covered 7,000 miles since; engine believed to have been built to Black Shadow spec (it's quick) and painted black; 5 inch speedo fitted; finned Shadow brakes; really nice example throughout with a very sweet, mechanically quiet and quick engine; Clutch gearbox and brakes all work perfectly as well; lots of lovely original parts such as the Miller headlight and Lighthouse ameter etc; the machine has been fitted with a Tank cover at least since 1969 until now, as a result there is some damage to the paint on top of the tank as can be seen in the last photo; naturally the tank cover goes with the machine; this is no Show Winner but a lovely honest old Vincent that is ready to ride and enjoy 48,750 Yamaha Classic Motorcycles For Sale 1978; White; Matching Numbers; this is an extremely rare model and was the last of the Yamaha RD Air Cooled 2 Stroke twins; it was the Pinnacle of the development of this iconic model range and is substantially different to its predecessors not only in appearance but they were also significantly reworked mechanically making it faster, handle better and generally a smoother nicer machine; this example looks to be totally original and unrestored; it is showing a recorded mileage of 5,000 which cannot be verified but you only have to look at the machine to realise imediately that it is genuine mileage; all of the original Yamaha green coloured fastners are present and have clearly never been turned; it runs and rides perfectly and is very quick; it has all of its unique parts including the 2VO exhausts, carburettors etc; cosmetically it is hard to believe its age especially when you consider the originality; must be the best example available; unfortunately, the photos really do not do the machine justice so I will take some more when the conditions are a bit brighter SOLD Classic British Motorcycles for Sale, Royal Enfield, BSA Motorcycles for sale. Classic British Motorbikes for Sale; Classic, Vintage & Antique Motorcycles For Sale; BSA Gold Star Wanted.
These machines would pre-date the Mark series Plus 90 models. Classic Honda Motorcycles For Sale, Classic BMW Motorcycles, Harley Davidson, Indian Motorcycles for Sale.
This example was rebuilt over a period of 32 years to a very good standard, paintwork has recently been refreshed by a Douglas specialist and the magneto rebuilt; it has seen only limited use since and looks fabulous; starts very easily and runs really well; it is road registered and is currently effectively in race trim (albeit perfectly useable on the road as it is); the full lighting kit (including Magdyno), road mudguards and Burgess road exhausts were restored at the same time and are carefully packed to go with the machine so could very easily be fitted straight on; I have never seen one of these machines for sale before and have no idea when we will see another on the market Harley Davidson Motorcycles For Sale Harley Davidson 1340cc Road King for sale 1995; 2 owners and 17,000 miles from new with most MOT's to verify; fully loaded; been fully serviced by Warr's Harley Davidson in Feb 2017 at a cost of 1,036; runs and rides without fault and is actually very pleasant to ride being supremely comfortable and actually quite nimble when on the move; it has picked up the odd mark and chip over the years the worst being a dink in the front mudhguard as shown in the last photo; Stage 1 tune with loud exhaust but not effencively loud; a lot of bike for money at 6,750 Honda Classic Motorcycles For Sale Honda GL1000 K0 Gold Wing for sale 1975; lovely example that runs and rides beautifully; I have ridden this machine around a fair bit and am very surprised how lovely it is not usually being a fan of the 'Gold Wing', in fact, I enjoyed it so much that I had intended to keep it but then reality kicked in which is why it is now listed here for sale; in my opinion these machine are seriously undervalued at the moment when compared to its contemporaries of the period; this one is priced extremely cheaply for its condition because whilst the number on the frame itself matches the V5c & MOT, it does not appear to be a number that originated from Honda?? etc; it has been lovingly maintained since but not restored again so it now shows fabulous Patina; we made a concious decision not fully detail clean this machine because we did not want to spoil its patina and look; it is featured on the front cover of 'The Family of Rudge' book by Reinhard Schwartz also in the Rudge Club Magazine where it is listed as Machine Number "1"; lovely period photos are also on file; starts very easily as all good Rudges do and rides exceptionally well; in fact, I would go as far as to say it is probably the very best pre-War Machine I have ridden, the engine is very quiet mechanically and extremely willing, the gearbox is just sublime it is so slick; clutch and brakes work perfectly; this is a very special and extremely well known example of this highly desireable model, we are very priviledged to be able offer it for sale today; it is a unique opportunity for a serious Rudge Enthusiast Triton 750 pre-Unit Slimline for sale; 1962 Slimline frame with big bearing Thunderbird crankcase but engine built to T120 spec using 750cc barrel & pistons; Grimeca double sided front brake; Belt Primary drive; everything is either rebuilt or new; built by one of the best restorers in the UK to an extremely high standard and has seen very little use since, extremely comprehensive and detailed build sheets with it; always stored in a heated garage; simply stunning; previously supplied by ourselves 11,995 Tri-BSA pre-unit Cafe Racer for sale; 1954 BSA B31 frame; pre-unit Triumph 650cc engine; BSA Gearbox; Grimeca Double Sided front brake; Conical Hub Rear; Belt Primary; bespoke high level exhaust; Superleggera Top Yoke; exceptionally well screwed together and probably the best looking Tri-BSA in existance; photos really do not do this fabulous machine justice; rides really well too; featured in and Cover Bike in Classic Bike Guide January 2016 issue; previously supplied by ourselves. Sunbeam Motorcycles, Classic Bikes For Sale, Classic Motorcycles For Sale, Vincent Motorcycles For Sale, Brough Superior for Sale, Ariel, AJS, Matchless, Classic Ducati For Sale, Benelli, Aermacchi, Moto Guzzi, MV Agusta For Sale.
Or did a lot of CEOs just have amazingly good luck?
A stock option gives the recipient the right to purchase stock at a set price.
In general, companies engaging in a classic backdating transaction chose a date when the stock price was at a low point and chose that favorable date as the grant date.Take this example, from The Wall Street Journal, which began investigating the practice last fall: "Suppose an executive gets 100,000 options on a day when the stock is at .Exercising them after it has reached would bring a profit of times 100,000, or million.Still, given that (a) backdating helps make earnings look better than they are; and (b) Jobs is a huge shareholder of Apple (10.12 million shares, as of last April), how could he not benefit from this behavior? Jobs recommended some backdating dates for other employees.It turns out that Jobs did, indeed, receive backdated options—just not at his own direction. 18, 2001, when the stock stood at .01, the company gave Jobs a monster 7.5-million-share options grant dated Oct. By doing so, the company gave Jobs million in compensation for which it did not account properly. It also pretended the options grant was approved at a special board meeting, when no such meeting occurred. He received a massive grant that was approved at a phantom board meeting, though he didn't know about the phony meeting.Stock option backdating has erupted into a major corporate scandal, involving potentially hundreds of publicly-held companies, and may even ensnare Apple's icon, Steve Jobs.