Lapse
The expiration of stock options or restricted stock units that have not been exercised or vested. When options lapse, the right to purchase the underlying shares is forfeited.
The expiration of stock options or restricted stock units that have not been exercised or vested. When options lapse, the right to purchase the underlying shares is forfeited.
William Bevins Jr, CFP® CTFA
436 Main Street
Franklin, TN 37064
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