Anything Over $5

[410OhOne]

Help me to understand here. So I get to keep anything above and beyond $5 bucks huh? So with that said, right now I should be able to afford a dollar movie
right? :blink:

 

[fix_airplanes]

Some folks here in TUL cashed-in when it was at $13.40. They cleared around $660.

 

[WingNaPrayer]

Was their a buy/sell window with this stock option, or can it be exercised at any time?

 

[AAmech]

The first 1/3 of our options can be exersised for the next 10 years. A LOT of misguided people decided to hold. A common phrase heard, "This stock is going to $20.00"!!!!

 

[WingNaPrayer]

So in your estimation, what is the better deal, buying from the open market at market rate, or exercising an option at 5 bucks a share?

 

[Oneflyer]

There is no reason for anyone to excerise their options now. Might as well gamble that some day the stock will rally and it probably will.

As to buying on the open market, I don't think any airline employee should ever buy its own company stock. Why put more of your financial future in one very risky investment.

 

[eolesen]

Was their a buy/sell window with this stock option, or can it be exercised at any time?

[post="167224"][/post]​

Once vested, they can be traded at will, provided you're still employed.

1/3 of options vested back in April, second 1/3 vests in April 2005, last 1/3 vests in April 2006. You can choose to do nothing them up until 2012 or 2013 if I recall correctly, and something tells me AMR will trade above $15 between now and then.