Ronnie McDee receives a stock option grant for 10,000 shares of his company stock when he starts
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Question:
Ronnie McDee receives a stock option grant for 10,000 shares of his company stock when he starts his job. His strike price is $2 per share. Two years later, Ronnie is 50% vested. He decides after two years to exercise his right to buy as many shares as he allowed under the stock option agreement.
How much does this transaction cost him?
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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