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Reload Options
Replacement stock options granted by some companies to optionholders upon a stock swap. The number of reload shares granted is equal to the number of shares delivered to exercise the option (plus, in some cases, any shares withheld for tax obligations). The exercise price of the new option is the current market price; the option generally expires on the date that the original option would have. See the relevant FAQs for more details on reload options and stock swaps.
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