How have options been exercised in a case in which the options were not exercised all at once?

[37] This is a case in which the options were not exercised “all at once”. The reasoning in Marinangeli v. Marinangeli applies. There has been continuity in the frequency with which options have been awarded and the respondent has regularly exercised his options in the past. The options continue to be available for exercise in the future. There is good reason (based on the respondent’s own evidence) to suppose they will yield substantial profit. The respondent’s gain on the sale of shares acquired through the exercise of his options should be treated as income for support purposes.