Assertion: convertible bond's option | /r/HasProperty | exercised
Facets:
Source sentences:
text: This is the amount paid for a share if the option on a convertible security is exercised.
text: Should this occur, it is said that the option has been "knocked in," meaning that the option may be exercised.
text: While this option does not necessarily have to be exercised, the terms usually define how the conversion would take place and at what price each share of stock would be issued.
text: The terms governing a bond and the terms governing the embedded put option, such as the dates the option can be exercised, are specified in the bond indenture at time of issuance.