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A stock option is the opportunity, given by your employer, to purchase a certain number of shares of your company's common stock at a pre-established price, known as the grant price, over a specific period of time, known as the vesting period.
Remember: If you hope to purchase and sell your stock someday, accepting your stock option grant is the first step you have to take.It doesn't cost anything to accept the grant, and you're not obligated to actually exercise your options.
What is a stock option grant? Stock option grants are how your company awards stock options. This document usually includes details about: The type of stock options you'll receive (ISOs or NSOs) The number of shares you can purchase. Stock Options Explained: What You Need to Know - Carta carta.com ? blog ? equity-101-stock-option-basics carta.com ? blog ? equity-101-stock-option-basics