William Hemingway

US Patent:

RE43769, Oct 23, 2012

Filed:

Feb 13, 2012

Appl. No.:

13/372416

Inventors:

William David Hemingway - Salt Lake City UT, US
James G. Livingston - Alpine UT, US
Evan Martin Hill - Sandy UT, US
Rick Davis Burtenshaw - Cottonwood Heights UT, US
Gary Bernard Hansen - Salt Lake City UT, US
Eric John Pehrson - Lehi UT, US
Larry Ross Denham - Farmington UT, US
Ronald C. Hanks - Salt Lake City UT, US
James Reed Cooper - Centerville UT, US
James Brady Palmer - Riverton UT, US
Robert Lynn Bartleson - North Salt Lake UT, US
Jonathan Eric Bacon - Bountiful UT, US
Shelene Brown - Centerville UT, US
Richard J. Sullivan - Littleton CO, US
Nick Robert Watne - Murray UT, US
Henry Conrad Wurts - Salt Lake City UT, US
Doyle L. Arnold - Salt Lake City UT, US
Thomas E. Laursen - Park City UT, US

Assignee:

Zions Bancorporation - Salt Lake City UT

International Classification:

G06Q 40/00

US Classification:

705 36R, 705 35, 705 37

Abstract:

An online auction process for derivative securities is used to determine a fair market value of an asset or benefit provided to others, such as employee stock options. In one embodiment, the derivative securities track the intrinsic value realized by employees when exercising the employee stock options granted to them by their employers. The derivative securities may include rules for handling modifications to an employee stock option grant and/or rules for handling forfeitures of some or all of the employee stock options.

US Patent:

RE43986, Feb 5, 2013

Filed:

Feb 14, 2012

Appl. No.:

13/396442

Inventors:

William David Hemingway - Salt Lake City UT, US
James G. Livingston - Alpine UT, US
Evan Martin Hill - Sandy UT, US
Rick Davis Burtenshaw - Cottonwood Heights UT, US
Gary Bernard Hansen - Salt Lake City UT, US
Eric John Pehrson - Lehi UT, US
Larry Ross Denham - Farmington UT, US
Ronald C. Hanks - Salt Lake City UT, US
James Reed Cooper - Centerville UT, US
James Brady Palmer - Riverton UT, US
Robert Lynn Bartleson - North Salt Lake UT, US
Jonathan Eric Bacon - Bountiful UT, US
Shelene Brown - Centerville UT, US
Richard J. Sullivan - Littleton CO, US
Nick Robert Watne - Murray UT, US
Henry Conrad Wurts - Salt Lake City UT, US
Doyle L. Arnold - Salt Lake City UT, US
Thomas E. Laursen - Park City UT, US

Assignee:

Zions Bancorporation - Salt Lake City UT

International Classification:

G06Q 40/00

US Classification:

705 36R, 705 35, 705 37

Abstract:

An online auction process for derivative securities is used to determine a fair market value of an asset or benefit provided to others, such as employee stock options. In one embodiment, the derivative securities track the intrinsic value realized by employees when exercising the employee stock options granted to them by their employers. The derivative securities may include rules for handling modifications to an employee stock option grant and/or rules for handling forfeitures of some or all of the employee stock options.

US Patent:

20080033858, Feb 7, 2008

Filed:

Dec 28, 2006

Appl. No.:

11/617533

Inventors:

William Hemingway - Salt Lake City UT, US
James Livingston - Alpine UT, US
Evan Hill - Sandy UT, US
Rick Burtenshaw - Cottenwood Heights UT, US
Gary Hansen - Salt Lake City UT, US
Eric Pehrson - Sandy UT, US
Larry Denham - Farmington UT, US
Ronald Hanks - Salt Lake City UT, US
James Cooper - Centerville UT, US
James Palmer - Riverton UT, US
Robert Bartleson - North Salt Lake UT, US
Jonathan Bacon - Bountiful UT, US
Shelene Brown - Centerville UT, US
Richard Sullivan - Littleton CO, US
Nick Watne - Murray UT, US
Henry Wurts - Salt Lake City UT, US
Doyle Arnold - Salt Lake City UT, US
Thomas Laursen - Park City UT, US

Assignee:

ZIONS FIRST NATIONAL BANK - Salt Lake City UT

International Classification:

G06Q 40/00

US Classification:

70503600R

Abstract:

An online auction process for derivative securities is used to determine a fair market value of an asset or benefit provided to others, such as employee stock options. In one embodiment, the derivative securities track the intrinsic value realized by employees when exercising the employee stock options granted to them by their employers. The derivative securities may include rules for handling modifications to an employee stock option grant and/or rules for handling forfeitures of some or all of the employee stock options.