Wake North Carolina Stock Option Grants and Exercises and Fiscal Year-End Values is a comprehensive program offered by Wake North Carolina to incentivize employees through stock options. Stock option grants provide employees with the right to purchase a specific number of company shares at a predetermined price within a specified time frame. The Wake North Carolina Stock Option Grants and Exercises program is designed to reward employee loyalty and encourage their dedication towards the company's success. Employees who are granted stock options have the opportunity to profit if the company's stock price increases, reflecting their commitment to driving the organization's growth. There are different types of stock option grants available under the Wake North Carolina program. These include: 1. Non-Qualified Stock Options (SOS): SOS are stock options that do not meet the strict requirements of qualified stock options. They are more flexible in terms of eligibility and tax treatment but are subject to ordinary income tax rates upon exercise. 2. Incentive Stock Options (SOS): SOS are stock options granted exclusively to employees, providing them with potential tax advantages. Certain conditions need to be met, such as holding the options for a specific period, to qualify for preferential tax treatment upon exercise and sale. 3. Restricted Stock Units (RSS): RSS are similar to stock options but do not involve an actual purchase opportunity. Instead, RSS represent a promise to deliver company shares at a future date. Upon vesting, RSS convert into actual stock shares, and the employee can sell them or hold them for potential future gains. Employees who receive stock option grants must carefully consider the fiscal year-end valuation of their options. Fiscal year-end values determine the worth of the options and impact the potential gains upon exercise or sale. These valuations provide employees with insights into the financial implications of their stock options and enable them to make informed decisions. The Wake North Carolina Stock Option Grants and Exercises and Fiscal Year-End Values program aims to align employee interests with the company's long-term success. By offering stock options, Wake North Carolina motivates and rewards employees, fostering a sense of ownership and dedication. This program enhances employee retention, attracts top talent, and contributes to the overall growth of the company.