Underwater financial definition of underwater

One interesting thing Dell did was pay cash for employee's stock options, even when those stock options were underwater, meaning employees would have lost money on them , reports Bloomberg's Peter Burrow. Weinberg Center for Corporate Governance at the University of Delaware.

Even so, Dell paid 10 cents to 70 cents per share for these underwater options, a Dell spokesperson told Bloomberg. Tech market is nowhere near the dotcom days.

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What Can Companies Do About Underwater Stock Options? | Intelligence | Foley & Lardner LLP

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