West Virginia Stock Option Agreement of Hayes Wheels International, Inc. - general form
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How to fill out Stock Option Agreement Of Hayes Wheels International, Inc. - General Form?
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FAQ
The vesting date is the first date your options become available. The number of options that vest on this date and subsequent dates are subject to the rules of your ISO plan document. The expiration date is the final day you can exercise your right to buy your shares at the exercise price.
Exercising a stock option means purchasing the shares of stock per the stock option agreement. The benefit of the option to the option holder comes when the grant price is lower than the market value of the stock at the time the option is exercised.
The service period for a stock-based award is considered to be the vesting period, but the facts and circumstances of the arrangement can result in a different service period for the purpose of determining the number of periods over which to accrue compensation expense. This is called the implicit service period.
Vesting Period ? The time period between the grant date and vesting date. Exercise Period ? Once stocks have 'vested', the employee now has a right to buy (but not an obligation) the shares for a period of time. This period is called the exercise period.
Vesting Period ? The time period between the grant date and vesting date. Exercise Period ? Once stocks have 'vested', the employee now has a right to buy (but not an obligation) the shares for a period of time. This period is called the exercise period.
The process of earning the right to exercise is called vesting. You can usually only exercise vested stock options. After you hit your vesting cliff (that waiting period mentioned earlier), you should be able to exercise your vested options whenever you want (as long as you remain employed).
