expiration date

(redirected from Exercise Date)
Also found in: Medical, Financial, Encyclopedia.
Related to Exercise Date: Exercise notice, Exercising an Option

expiration date

n.
1. The date past which a product, such as food or medicine, must be sold or removed from availability because it is no longer expected to be fresh or effective. Also called sell-by date.
2. The date on which something, such as a warranty or license, is no longer valid or in effect.
References in periodicals archive ?
80 per share, will be exercisable six months from the date of issuance, and will expire five years from the initial exercise date.
The warrants will first become exercisable on the first trading day after the 31st day following the unit programme termination date and continue to be exercisable for one year after the exercise date at a per share exercise price of USD5.
60 for a period of 21 consecutive trading days, then, at the Companys sole discretion and upon the Company sending the holder written notice of such Accelerated Exercise Date (the Notice) and issuing a news release announcing such Accelerated Exercise Date (the News Release), the day that is 21 days following the later of: (i) the date on which such Notice is sent to the holder; and (ii) the date on which the News Release is issued.
The company said the first exercise date is 18 August 2020.
The warrants will be exercisable six months following the date of issuance, will expire on the fifth anniversary of the initial exercise date and have an exercise price of USD1.
TSX-V: ISD) (OTC: ISDSF) has applied to the TSX Venture Exchange for approval to extend the exercise date for the 9,566,094 outstanding warrants issued in November 2014 in conjunction with a private placement, the company said.
The compensation received by the employee will equal this difference, which equals the intrinsic value of the options on the exercise date.
There is an option for an accelerated exercise date, under which after one year the company has the right to send the holders of warrants notice for the warrants to be exercised within 30 days in case the closing price of the company's shares is CAD0.
An employee retains an investment in the shares underlying the options at least equal to the gain from the transaction for a holding period of five years at the exercise date.
The details of the exploration schedule, expected reserves, and details of the option such as exercise date and price have not been revealed.
The spread between the exercise price and the stock price on the exercise date is taxed as additional compensation, subject to the taxpayer's ordinary income tax rate.