The service period in stock option plans is the time between the grant date and the vesting date.

Question

Quizplus · Accepted Answer

The service period is indeed the time period between the grant date and the vesting date in stock option plans. During this period, the employee must fulfill certain requirements or conditions, such as continuing to work for the company, in order to receive the options granted. After the service period ends and the options vest, the employee can exercise the options and purchase shares of company stock at the predetermined price.

The Service Period in Stock Option Plans Is the Time