Stock Options: Don't Forget Board Approval
If you are in the process of awarding stock options to employees or service providers, do not forget that you need (among other things) board approval of all stock option grants.
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If you are in the process of awarding stock options to employees or service providers, do not forget that you need (among other things) board approval of all stock option grants.
If your company has had employees exercise incentive stock options ("ISOs"), you are required to report certain information to the IRS and the optionee about the exercise.
A lot of companies, including a large portion of Silicon Valley startups, grant new hires immediately exercisable ISOs (incentive stock options) with the expectation that many will exercise their...