System and method for batch bidding on employee stock options

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20070022038A1
SERIAL NO

11247636

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A company issues options to an employee on stock of an issuing company at a first time. The options comprising at least a strike price, a maturity date and a vesting date. Information on the options is provided to a plurality of bidders at a second time that is after the first time. The information comprising strike price, maturity date and number of options. Bid information is received from the plurality of bidders. A probability distribution function is selected, and a price density distribution is computed for the plurality of bidders using the received bid information and the probability distribution function. A preferred bidder is selected from the plurality of bidders based on the price density distribution, and the bid information from the preferred bidder is provided to the employee.

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Patent Owner(s)

Patent OwnerAddress
JPMORGAN CHASE BANK N A383 MADISON AVENUE NEW YORK NY 10179

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Nabar, Santosh V Englewood, NJ 5 13
Seaman, David A Short Hills, NJ 16 120

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