Cashless Exercise
Description
This AI field captures whether the option holder may exercise his/her stock option using a cashless exercise. Cashless exercise is a method of payment whereby the option holder delivers instructions to a broker providing for the assignment to the grantor of the proceeds of a sale or loan with respect to the shares acquired upon exercise of the stock option.
Jurisdiction
- Canada
- United States (California, and Delaware)
Document Types
- 63% Employment Related Agt
- 31% Corporate Governance Document
- 4% M&A Supplemental Agt
- 2% Governance Agt
Tags
- Option Agreements
Language
- 100% English