EFTA Document EFTA01393105

exercise value has not reached the cap price, and the automatic exercise feature of the option is not trig- gered. because the index level was not at or below the cap price at the time of day specified by the options market for determining the automatic exercise value. CASH SETTLEMENT AMOUNT This is the cash amount that the holder of a cash-settled capped option is entitled to receive upon the exercise of the option. In the case of a capped option that has been automati- cally exercised,