unexercised
adjective
uk/ˌʌnˈeksəsaɪzd/usFINANCE
used todescribeafinancialarrangementsuch as ashareoption(= therighttobuyorsellsharesat aparticularpriceby or on aparticulardate)that thebuyerorsellerof theoptionhas not used:
Thefiguredoes notincludethevalueof new, unexercisedstockoptions.