Minimum vesting period requirement for employee stock options, with merger adjustment and company-specified lock-in provision. A mandatory minimum vesting period of one year applies to ESOS; periods during which options were held under a transferor company in a merger or ... Summary
Minimum vesting period requirement for employee stock options, with merger adjustment and company-specified lock-in provision.
A mandatory minimum vesting period of one year applies to ESOS; periods during which options were held under a transferor company in a merger or amalgamation are to be adjusted against this minimum vesting requirement. The company may also specify a lock-in period for shares issued upon exercise of options.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.