The more information and evidence you give in support of your claim the quicker a decision can be made.Sometimes we may need to write to you for more information or to ask you to come in for an informal interview.
Cases of backdating employee stock options have drawn public and media attention.
According to a study by Erik Lie, a finance professor at the University of Iowa, more than 2,000 companies used options backdating in some form to reward their senior executives between 19.
90% of the time, speakers of English use just 7,500 words in speech and writing.
These words appear in red, and are graded with stars.
Your benefit will usually start the Monday after we receive your application.
In some circumstances, we may be able to pay Housing Benefit for an earlier date than the date of your claim form. Backdating is sometimes possible, but there are only limited circumstances, so it is best to make your claim for housing benefit as soon as possible.
Options backdating is the practice of altering the date a stock option was granted, to a usually earlier (but sometimes later) date at which the underlying stock price was lower.
This is a way of repricing options to make them valuable or more valuable when the option "strike price" (the fixed price at which the owner of the option can purchase stock) is fixed to the stock price at the date the option was granted.
In 1972, a new revision (APB 25) in accounting rules resulted in the ability of any company to avoid having to report executive incomes as an expense to their shareholders if the income resulted from an issuance of “at the money” stock options.
In essence, the revision enabled companies to increase executive compensation without informing their shareholders if the compensation was in the form of stock options contracts that would only become valuable if the underlying stock price were to increase at a later time.
The practice of allowing a mutual fund shareholder to use previous purchases of the fund's shares so as to qualify for reduced commission charges on subsequent purchases.