Wisconsin Corporate Officer Option Notice

State:
Wisconsin
Control #:
WI-SKU-2348
Format:
PDF
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Description

Corporate Officer Option Notice

A Wisconsin Corporate Officer Option Notice is a document that is used by a Wisconsin corporation to inform its corporate officers of their rights and responsibilities with regard to their options to purchase shares. The Notice outlines the terms of the option plan, as well as the procedures for exercising the option and the tax implications of doing so. There are two types of Wisconsin Corporate Officer Option Notice: the Annual Option Notice and the Initial Option Notice. The Annual Option Notice is sent to corporate officers prior to the anniversary of their start date, and outlines the options available to them and the procedures for exercising them. The Initial Option Notice is sent at the start of the corporate officers' employment, and outlines the initial terms of the option plan.

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Wisconsin Corporate Officer Option Notice