What was the total number of My Salon Suite options outstanding on December 31, 2021?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
ncial performance-based options are subject to vesting upon a change of control.
Information with respect to options under these plans is as follows:
| Outstanding | Weighted Average Exercise |
|---|
Source: Item 6 — Other Intangibles and Goodwill (FDD pages 274–314)
What This Means (2025 FDD)
According to My Salon Suite's 2025 Franchise Disclosure Document, the total options outstanding on December 31, 2021, were 20,579 with a weighted average exercise price of $1,000.
This information is relevant to potential franchisees as it provides insight into the company's equity structure and potential dilution. Options outstanding represent the right to purchase shares of the company's stock at a specified price, and a large number of outstanding options could potentially dilute the ownership stake of existing shareholders, including franchisees who may hold equity in the company.
For a prospective My Salon Suite franchisee, understanding the number of options outstanding and their exercise price can help in assessing the potential impact on the value of their investment. It is also useful to compare these figures across different years to identify trends and potential changes in the company's equity structure. Reviewing this data in the FDD helps a franchisee make informed decisions about their investment and negotiate favorable terms.