The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Aug. 03, 2010
Filed:
Sep. 17, 2003
Allen R. Friedman, Teaneck, NJ (US);
Stephen E. Gray, Madison, NJ (US);
Stephen L. Roti, Woodmere, NY (US);
David A. Seaman, Short Hills, NJ (US);
Benjamin B. Lopata, Forest Hills, NY (US);
Kelly Cesare, New York, NY (US);
Allen R. Friedman, Teaneck, NJ (US);
Stephen E. Gray, Madison, NJ (US);
Stephen L. Roti, Woodmere, NY (US);
David A. Seaman, Short Hills, NJ (US);
Benjamin B. Lopata, Forest Hills, NY (US);
Kelly Cesare, New York, NY (US);
J.P. Morgan Chase Bank, New York, NY (US);
Abstract
A plurality of option value prices are determined for employee stock options. An average stock price corresponding to a particular one of the plurality of option value prices is determined. The employee stock option is exchanged for the value. The terms of the employee stock option are amended and the option is transferred to a third party in exchange for a value. The third party hedges the amended options.