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exercise price

British  

noun

  1. stock exchange the price at which the holder of a traded option may exercise his right to buy (or sell) a security

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

When share prices rise above the exercise price, they can buy the stocks at discounted prices.

From Reuters

In addition to shares in the SPAC, the initial investors also receive a warrant to acquire shares in the merged company, typically at an exercise price of $11.50 per share, and sometimes a further right to acquire post-merger shares.

From Los Angeles Times

Silver Lake’s notes can be converted into stock at an exercise price of $13.51 per share.

From Reuters

"As of the date of this proxy statement, one of the 12 tranches under this award has vested and become exercisable, subject to Mr. Musk's payment of the exercise price of $350.02 per share and the minimum five-year holding period generally applicable to any shares he acquires upon exercise," the filing declared.

From Salon

Uber first granted the options on Sept. 5, 2017 with an exercise price of $41.65 per share but this was changed on May 8, 2018, according to the filing.

From Reuters