Stock option
Term · Law · MLC-T-LAW-004706
A contract that gives an employee the right, but not the obligation, to purchase a specific number of shares of the company's stock at a predetermined price, known as the strike price. The option is exercisable for a limited period after a vesting schedule is met. The tax treatment of stock options depends on whether they are non-qualified stock options (NQSOs) or incentive stock options (ISOs).
| Identifier | MLC-T-LAW-004706 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004706",
"term": "Stock option",
"field": "Law",
"definition": "A contract that gives an employee the right, but not the obligation, to purchase a specific number of shares of the company's stock at a predetermined price, known as the strike price. The option is exercisable for a limited period after a vesting schedule is met. The tax treatment of stock options depends on whether they are non-qualified stock options (NQSOs) or incentive stock options (ISOs).",
"url": "https://mlchart.com/terminology/law/stock-option/"
}
Record 4,796 of 5,439 in Law terminology (MLC-0107). Request the full dataset.