The NASPP Blog

10 Points to Terry Adamson of Radford

Terry Adamson of Radford gets 10 points for answering my “think fast” challenge on two times when the Black-Scholes value is not significantly higher than intrinsic value (“Realizable Pay,” April 2, 2013).  Terry’s answers:

1. When there is a significant dividend yield, then Black-Scholes will be less than intrinsic value. 
2. When an option is well “in-the-money”, then Black-Scholes would be very close to the intrinsic value (i.e., the time value shrinks to nothing with options that are well in the money).

Also, when an options is close to expiring it has very little time value, so the Black-Scholes value would not be much higher than intrinsic value.  Hmmm, I think this might show up in the Question of the Week Challenge soon.

Survey Deadline Extended

We’ve extended the deadline to participate in the NASPP’s 2013 Domestic Stock Plan Design Survey (co-sponsored by Deloitte). Don’t dilly dally; we can’t extend the deadline again. 

NASPP “To Do” List

Here’s your NASPP “to do” list for this week.

• Participate in the 2013 Domestic Stock Plan Design Administration Survey–don’t miss your chance; the survey must be completed by April 19.
• Register for our spring 2013 online Stock Plan Fundamentals program. Don’t wait, the course starts next week. 
• Complete the Compliance-O-Meter quiz on Terminations and Leaves of Absence.
• Register for the 21st Annual NASPP Conference by May 10 for the early-bird rate.
• Take this week’s Question of the Week Challenge.
• Post your resume or your job opening in the NASPP’s new Career Center.
• Complete your NASPP member profile.
• It’s that time of year again: time to renew your renew your NASPP membership for 2013.
• Check out the NASPP’s Facebook and Twitter pages.

– Barbara