Options Exchange Adjustment (Merger Events) - Equity Derivatives Provision

Equity Derivatives Anatomy™ Go Premium 12.2(c) “Options Exchange Adjustment”, then following each adjustment to the settlement terms of options on any relevant Shares traded on any Options Exchange, the Calculation Agent will make one or more adjustments as provided in Section 11.2(b) (without regard to the words “diluting or concentrative” in the second sentence); (view template) Resources About the Equity Derivatives Definitions | (full wikitext) | (nutshell wikitext) | Equity v credit derivatives showdown Hot topics Synthetic Prime Brokerage Anatomy | The Triple Cocktail | Cancellation and Payment | Calculation Agent TOC | 1 General Definitions | 2 Option Transactions | 3 Exercise of Options | 4 Forward Transactions | 5 Equity Swap Transactions | 6 Valuation | 7 Settlement | 8 Cash Settlement | 9 Physical Settlement | 10 Dividends | 11 Adjustments and Modifications | 12 Extraordinary Events · 12.8 Cancellation Amount · 12.9 Additional Disruption Events · 12.9 List of ADEs · 12.9(b) Consequences of ADEs | 13 Miscellaneous Index: Click ᐅ to expand: Equity Derivatives - Premium Synthetic Prime Brokerage Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you. Sign up for our newsletter.

Section 12.2. Consequences of Merger Events

12.2(a). “Alternative Obligation (Merger Events)”

12.2(b). “Cancellation and Payment (Merger Events)”

12.2(c). “Options Exchange Adjustment (Merger Events)”

12.2(d). “Calculation Agent Adjustment (Merger Events)”

12.2(e). “Modified Calculation Agent Adjustment (Merger Events)”

12.2(f). “Partial Cancellation and Payment (Merger Events)”

12.2(g). “Component Adjustment (Merger Events)”