EasyChap,This move is more about your wife's company seeking to avoid recognizing compensation expense - and hence report higher profitability -- in the future. In my view, it's a bollocks move.Since the stock price closed today at $5.19, your wife now is the proud owner of 4,000 options, exercisable today, with strike prices of $6.23. You have no new options, but the options that you hold are considerably more valuable today, than they were yesterday.On another note, if I were an outside shareholder of your wife's company, I would view this move as an extreme negative. It would likely be sufficient for me to sell the shares. Reason being, while this is good for you and your wife, it amounts to a de-facto transfer of value from outside shareholders to the pockets of insiders. I suspect that upper management (as in, not your wife) have significantly more options, and are giving themselves a late Christmas present. Not something I want from my companies or management representatives.Best.Jim
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