Define backdating options
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'option.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors.
These examples are from the Cambridge English Corpus and from sources on the web.
Unfortunately, these conditions are rarely met, making backdating of grants illegal in most cases.
I further found that the overall stock market performed worse than what is normal immediately before the grants and better than what is normal immediately after the grants.
Unless corporate insiders can predict short-term movements in the stock market, my results provided further evidence in support of the backdating explanation.
In a study that I started in 2003 and disseminated in the first half of 2004 and that was published in Management Science in May 2005 (available at I found that stock prices also tend to decrease before the grants.
Furthermore, the pre-and post-grant price pattern has intensified over time (see graph below).