The process of granting an option that is dated prior to the date that the company granted that option.In this way, the exercise price of the granted option can be set at a lower price than that of the company's stock at the granting date.The new merged entity is named Broadcom Limited but inherits the ticker symbol AVGO. In May 2016 Cypress Semiconductor announced that it will acquire Broadcom Corporation's full portfolio of Io T products for 0 million.

Jobs and Wozniak co-founded Apple in 1976 to sell Wozniak's Apple I personal computer.

The visionaries gained fame and wealth a year later for the Apple II, one of the first highly successful mass-produced personal computers.

This process makes the granted option in-the-money and of value to the holder.

This process occurred when companies were only required to report the issuance of stock options to the SEC within two months of the grant date.

; February 24, 1955 – October 5, 2011) was an American entrepreneur, businessman, inventor, and industrial designer.

He was the chairman, and the chief executive officer (CEO), and a co-founder of Apple Inc.; CEO and majority shareholder of Pixar; a member of The Walt Disney Company's board of directors following its acquisition of Pixar; and founder, chairman, and CEO of Ne XT.

Broadcom is among Gartner's Top 10 Semiconductor Vendors by revenue. In 2012, Broadcom's total revenue was .01 billion. 327 on the Fortune 500, having climbed 17 places from its 2012 ranking of No. Broadcom shareholders will hold 32% of the new Singapore-based company to be called Broadcom Limited.

Hock Tan, Avago President and CEO, will be the new CEO of the new combined company. Samueli will be Chief Technology Officer and member of the combined company's board. Nicholas will serve in a strategic advisory role within the new company.

In addition to being the first mass-produced computer with a GUI, the Macintosh introduced the sudden rise of the desktop publishing industry in 1985 with the addition of the Apple Laser Writer, the first laser printer to feature vector graphics.

Following a long power struggle, Jobs was forced out of Apple in 1985.

Companies would simply wait for a period in which the company's stock price fell to a low and then moved higher within a two-month period.