18-345E 18-345E . . . Stock Option Plan which provides for grant of Incentive Stock Options and Non-qualified Stock Options and (b) initial option grants to certain named officers, employees and consultants which contain specific Time Conditions and Performance Conditions as follows: number of shares underlying each option grant is divided into five equal portions which are designated Tranche A through Tranche E. Twenty percent of shares included in each of Tranches A through E shall satisfy Time Condition if optionee is employee or consultant on January 31, 1997 and on each January 31 thereafter. One hundred percent of shares included in each of Tranches A through E satisfy Performance Condition if average per share price of common stock for any consecutive twenty trading days on principal exchange on which common stock is traded equals or exceeds following prices: Tranche A - $16 per share, Tranche B - $32 per share, Tranche C - $48 per share, Tranche D - $64 per share, Tranche E - $80 per share. Notwithstanding above, Initial Grants become fully exercisable on ninth anniversary of date of grant
Stock Option Plan of Hayes Wheels International, Inc., which provides for grant of Incentive Stock Options and Nonqualified Stock Options
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Stock options are often issued as a part of a company's incentive program to the company's and its subsidiaries' key persons who are working on the company's projects. The purpose of the stock options is to give personnel a financial incentive to work hard to increase the company's shareholder value.
Stock Options When shares go up in value, executives can make a fortune from options. But when share prices fall, investors lose out while executives are no worse off. Indeed, some companies let executives swap old option shares for new, lower-priced shares when the company's shares fall in value.
The price at which the options may be "exercised" is usually the price of the company's stock on the date the options are granted. If the company performs well, the stock price will increase over the exercise price, giving the options value and rewarding the executive for his role in the company's success.
The grant date for your incentive stock options is the date you are given the shares. The grant date is also the date the shares are typically valued. This value often determines your exercise price. The exercise price is the price you can buy shares of stock via your option.
They offer employees an opportunity to have ownership in the company they work for and feel more connected to the business as well as to their co-workers. They are a cost-effective company benefit that can help make employment packages more attractive.
Grant price/exercise price/strike price the specified price at which your employee stock option plan says you can purchase the stock. Issue date the date the option is given to you. Market price the current price of the stock.
A stock option gives an employee the ability to buy shares of company stock at a certain price, within a certain period of time.Employees who exercise their options and sell their shares when the company's stock is trading significantly higher than the grant price have the potential to make a lot of money.
If an employee is getting a market level salary with employee stock options, they should certainly accept the deal. In that way, you have possibly less chance to lose anything. But if you are accepting stock options in exchange for a lower salary, make sure you have a good understanding with the company.
Executive stock options incentivize CEOs to preform at the highest level. These increases in compensationdriven by improved business performancewould not represent a transfer of wealth from shareholders to executives.