Wix
withheld to cover the exercise price under the net exercise program will not be returned to the shares reserved for issuance the result is a lower number of new shares issued by the company upon the exercise of options without increasing the number of shares available for issuance under the incentive compensation plan we currently expect that this net exercise program will reduce the dilution caused by our outstanding options by a maximum of approximately million shares this figure is based on the closing price of our shares on june and assumes that all relevant options currently outstanding will be exercised before their expiration and also includes future option issuances fluctuations in our share price will impact the maximum reduction in dilution from the net exercise program we believe that this program is an efficient way for us to reduce dilution without having to conduct a formal share repurchase program basic and diluted weighted number of shares outstanding stock options restricted share units weighted shares outstanding anti dilutive items impact of net exercise weighted shares outstanding anti dilutive items and net exercise | Wix
Company
Wix
Deck Type
Sector
Industry
Deck date
July 2018
Slide
10 of 27
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