Converting options is more than just some short-sighted cal between options and heads.
Consider the bigger picture too, the more that gets converted, the less CPS can get their hands on.
Question.
Can BRK just pay for the credit notes instead of issuing the expiring options to CPS?
This would counter any delay in the schedule (If any) and would be viewed very positively by the market, IMO.
Ann: Notification of Expiry of Listed Options, page-60
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