The document discusses adjustments to binary stock options in the event of a merger or consolidation. It outlines how cash, securities, or other property received by stockholders may become the underlying interest of the options. An adjustment panel has the discretion to fix values for non-cash property and make exceptions to general rules. The document also replaces certain paragraphs in a booklet related to indexes, explaining the value level of indexes underlying options and how they are reported by designated authorities.
doj/DataSet10/EFTA01393171.pdf
{"document_type":"legal"}