U.S. patents available from 1976 to present.
U.S. patent applications available from 2005 to present.

Private stock option account control and exercise system

Patent 5671363 Issued on September 23, 1997. Estimated Expiration Date: Icon_subject June 7, 2015. Estimated Expiration Date is calculated based on simple USPTO term provisions. It does not account for terminal disclaimers, term adjustments, failure to pay maintenance fees, or other factors which might affect the term of a patent.

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Inventors

Assignee

Application

No. 487902 filed on 06/07/1995

US Classes:

705/37Trading, matching, or bidding

Examiners

Primary: Weinhardt, Robert A.
Assistant: Thomas, Joseph

Attorney, Agent or Firm

International Classes

G06F 017/60
G06F 157/00

Abstract

A data processing system for the management of stock option accounts for a plurality of participants. The system invokes one of several distinct option Plans that govern the transaction choices available to the participants. The governing option plans are defined by the sponsoring company in terms of grant, vest and expiration date for the option contracts. The system implements the designated Plans for multiple client companies providing several distinct modes for option exercise by the participant.

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