if you need it explained: if you own 5 shares, they will give...

if you need it explained: if you own 5 shares, they will give you one option. Costs you nothing. You can buy shares until 1 May, not sure if you need to have bought 2 days before that, but whatever. So if you own shares as I do. I will get 20 options for every 100 shares u own. You don't have to do anything in October 21. You can just let them expire and there is no difference to your life. If however, the share price is about 75 then you could exercise the options. I have had times when I haven't exercised option either because I had no cash or just didn't want more exposure.