What is the remaining contractual life in years for the outstanding options of Management Recruiters?
Management_Recruiters Franchise · 2024 FDDAnswer from 2024 FDD Document
eflects the intrinsic value recalculated based on the closing price of our common stock of $20.16 on December 31, 2021:
| shares | Weighted | remaining | Aggregate | |
|---|---|---|---|---|
| underlying | average exercise | contractual | intrinsic | |
| options | price per share | life |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 65–66)
What This Means (2024 FDD)
According to Management Recruiters' 2024 Franchise Disclosure Document, the weighted average remaining contractual life for outstanding stock options is 6.23 years. These options, numbering 12,916 shares, have an exercise price of $5.47 per share and an aggregate intrinsic value of $189,765. The same terms apply to the exercisable options, which also number 12,916 shares, with an exercise price of $5.47 and an aggregate intrinsic value of $189,765.
This information is relevant to potential investors or individuals tracking the company's stock-based compensation. The contractual life indicates how long these options will remain valid before they expire, while the exercise price shows the cost to acquire a share. The aggregate intrinsic value represents the potential profit if all options were exercised at the current market price.
It's important to note that these figures are as of a specific date (likely December 31, 2023, based on the surrounding context in the FDD). The actual value and remaining life of these options can change over time due to market fluctuations and the passage of time. This data provides a snapshot of Management Recruiters' outstanding stock options and their potential impact on the company's financials.