Define: Exercise Price
What does "Exercise Price" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.
Definition 1 (CISCO SYSTEMS, INC., seen in 1 filing)
Exercise Price means the price per Share at which the Option may be exercised.
Source: CISCO SYSTEMS, INC. 10-Q
Definition 2 (Meta Platforms, Inc., seen in 1 filing)
Exercise Price means with respect to an Option, the price at which a holder may purchase the Shares issuable upon exercise of an Option and with respect to a SAR, the price at which the SAR is granted to the holder thereof.
Source: Meta Platforms, Inc. 10-K
Data extracted from 3 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.