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Author Topic:   Exec. Stock Options - condensing the list
Becky Sharpe
Member
posted 02-07-2002 06:30 AM     Click Here to See the Profile for Becky Sharpe   Click Here to Email Becky Sharpe     Edit/Delete Message
What is the most effective way to remove exec stock options from the 2002 report if they have either expired or been exercised in 2001?
Should I remove the expiration date? I've zeroed out the quantity on a number of the options but they still appear in 2002.

(I don't want to mess up the "unrealized" balancing issue that always hovers over!)
thanks
3/16/02 I need some help with this. Unrealized is out of balance! I assuming deleting the zero quantity options caused it!
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[This message has been edited by Becky Sharpe (edited 03-16-2002).]

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John
Administrator
posted 03-18-2002 08:14 AM     Click Here to See the Profile for John     Edit/Delete Message
Updating the market value of the Executive Stock option, after it has expired or been exercised, will relieve Unrealized Gains/Losess.

1) If the option has expired, then when repricing the securities the new market value will be zero. This will relieve Unrealized Gains/Losses for all the previous appreciations.

2) If the option was exercised then change the number of shares for the option to the number of shares remaining for that option. If all were exercised then change the number of shares to zero(0). Then update the market value of the option such as Investments | Enter Prices to Update Securities. This will reduce the market value to zero and relieve Unrealized Gains/Losses for all the previous appreciation.

Since the Balance of the asset and the Unrealized gains have been relieved for the same amount, then Unrealized Gains/Losses will be in balance.

Remember Market Value - Cost Basis = Unrealized Gains/Losses. Two of the three must be affected to maintain the balance for Unrealized Gains/Losses.

Let me know if this does not solve your problem.

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