Addressing
widespread underwater stock options and companies' attempts to handle
them, the interactive Break-Even Tool by myStockOptions.com lets
employees with underwater options immediately see the benefits of
participating in their company's option exchange. The easy-to-use tool
dynamically illustrates the stock-price increase and the appreciation
that must occur for the value of each old grant to equal the value of
each new grant. Companies can license the tool for their employees as
part of communications efforts about the exchange.
Brookline,
MA (PRWEB) August 19, 2009 -- myStockOptions.com, the leading online
resource on stock compensation, has developed a flexible interactive
tool for companies that lets employees and executives with underwater
stock options immediately see the benefits of participating in a
company stock option exchange. The Break-Even Tool (http://www.myequityplan.com/breakeven.php)
dynamically illustrates the stock-price increase and the appreciation
that must occur for the value of each old grant to equal the value of
each new grant.
"The needed appreciation above the current stock price is usually so
high that employees instantly understand the advantages of electing to
exchange underwater options for new options at the current exercise
price, or for restricted stock," points out Bruce Brumberg, the
editor-in-chief of myStockOptions.com.
Easy For Employees To Use
The easy-to-use Break-Even Tool involves four figures:
1. The number of underwater stock options
2. The exercise price for each grant
3. Either the exchange ratio or the number of new options/restricted stock shares
4. The current stock price
Employees can enter these numbers themselves, or companies can
customize the tool to import the data automatically. Employees can also
edit their tax rates to see the after-tax gains at the break-even
point.
"The general economic malaise has depressed many company stock
prices and pushed a lot of employee stock options underwater," explains
Mr. Brumberg. "Companies addressing this problem with an option
exchange can make the best of a bad situation by using the
myStockOptions.com tool to encourage employees to participate. Once
rescued from underwater status, rejuvenated stock options regain their
power to retain and motivate valuable employees, who may help lift the
company to new heights after the downturn."
Companies Can Evaluate The Tool Before Licensing
Companies interested in evaluating the Break-Even Tool for their
employees should contact myStockOptions.com at 617-734-1979. The
Break-Even Tool for underwater stock options can be part of a company's
communications effort even before the official tender offer period
begins, or also as part of the tender offer and the filing of SEC
Schedule TO.
General Corporate Licensing Available
All content and tools published by myStockOptions.com (http://www.mystockoptions.com)
are ideally suited for licensing by companies and stock plan providers
for participants. The site has an extensive collection of articles and
FAQs on underwater stock options. A customized version of the website's
award-winning content and/or tools can be seamlessly woven into
companies' HR, benefits, and/or compensation portals. Accessible
through any internet browser, 24 hours a day, 7 days a week, licensed
content from myStockOptions.com lets stock plan participants answer
their own questions about their stock grants whenever they need to
learn more -- saving time for the stock plan staff and costs for the
company. For more information, visit www.mystockoptions.com or call 617-734-1979.
About myStockOptions.com
With exclusive articles, 700+ FAQs, the Tax Center, Global Tax Guide,
an extensive glossary, and interactive tools, myStockOptions.com is the
premier online resource of educational content and tools on stock
options, restricted stock, restricted stock units, performance shares,
stock appreciation rights, and employee stock purchase plans.
myStockOptions.com is written and managed by leading experts in equity
compensation, and is produced by a company with a long history of
successful publications explaining complex legal and financial subjects
in plain English.
The influential consumer magazine PC World ranks myStockOptions.com
among "the most useful sites ever" that "deliver top-notch information,
support, and services." The accounting journal CPA Wealth Provider
selected myStockOptions.com among companies "that have taken the lead
through innovation, efficiency, initiative, or growth in the
financial-planning area." The Specialized Information Publishers'
Foundation honored MSO Pro with one of its Editorial Excellence Awards
in the category of Best Interactive Content among niche publishers.
myStockOptions.com has also received extensive favorable coverage in
major publications, including BusinessWeek, The Wall Street Journal,
The New York Times, the San Francisco Chronicle, and The Boston Globe,
and on CNN, National Public Radio, PBS, Money.com, and MarketWatch.com.
For more information, please contact Bruce Brumberg and Matt Simon at 617-734-1979.
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