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When you're granted stock options, you have the option to purchase company stock at a specific price before a certain date. Whether you actually purchase the stock is entirely up to you. RSUs, on the other hand, grant you the stock itself once the vesting period is complete. You don't have to purchase it.
An option award, or sometimes called a stock option award, is a legal agreement between a company and an employee that gives the employee stock options in the company as a form of compensation or bonus. Option Award: Definition & Sample - Contracts Counsel contractscounsel.com ? option-award contractscounsel.com ? option-award
What are option agreements? Option grants are how companies award equity to employees. Signing an offer letter isn't enough. The option agreement outlines all the details of an employee's option grant. The option agreement is a more detailed version of an offer letter.
Performance Stock Options (PSOs) are a specific variety of Performance Price Target award. Vesting of the award is contingent upon the achievement of a market-based performance condition, and optionally, a service condition. Performance Stock Options - 011513 - FinTools fintools.com ? wp-content ? uploads ? 2013/01 fintools.com ? wp-content ? uploads ? 2013/01