Which is the date when employees elect to exchange the option and cash for shares of common stock?
A) vesting date
B) grant date
C) exercise date
D) market date

Question

Quizplus · Accepted Answer

The date when employees elect to exchange the option and cash for shares of common stock is known as the exercise date. The vesting date is when the employee becomes eligible to exercise the option, while the grant date is when the option is awarded to the employee. The market date is not a relevant term in relation to employee stock options.

Which Is the Date When Employees Elect to Exchange the Option