Answer:
Letter c is correct. It changes the exercise price on options to benefit top executives
Explanation:
What happens is that some executives set the date of purchase of their shares so that they have the possibility to buy them before the demand increases and consequently the price also increases. Using retroactive updating of stock options, executives are able to buy them at lower prices, which is an unethical maneuver because stock options are offered in one organization to all employees equally, without benefiting anyone regardless of hierarchical position in the company.
