Grant Date
The grant date is the date in which a stock option or other equity-based compensation award is granted to the recipient.
What is a grant date?
A grant date is the date on which an employee is given stock options by their employer. This is the date on which the employee's rights to purchase shares of the company's stock at a set price (known as the "strike price") begin.
How is the grant date determined for my options?
The grant date for your options is typically determined by your employer. It can be based on factors such as when you were hired, when you were promoted, or when the company grants options to employees in general.
Can the grant date for my options be changed?
It's possible for the grant date for your options to be changed, but this would typically require approval from your employer and possibly the company's Board of Directors.
What happens if the grant date for my options is delayed?
If the grant date for your options is delayed, it may affect your ability to exercise your options in a timely manner. This could impact your ability to take advantage of potential increases in the value of the company's stock.
How does the grant date affect the vesting schedule for my options?
The grant date plays a big role in the vesting schedule for your options. The vesting schedule typically starts on the grant date and outlines when you are able to exercise your options. If the grant date is delayed, the vesting schedule will also be delayed.
What is the difference between the grant date and the exercise date for my options?
The difference between the grant date and the exercise date is that the grant date is when you are given the option to purchase shares, while the exercise date is when you actually choose to purchase the shares.
How do I know if the grant date for my options has been approved by the Board of Directors?
You can ask your employer or the company's human resource department for confirmation if the grant date for your options has been approved by the Board of Directors.
