Monica is a senior interior designer who works at 360 Marks Inc. As part of her compensation package, she is entitled to 2,000 shares of the company at $30 each. In this scenario, the type of compensation offered can be termed as a(n)________.

Question

Quizplus · Accepted Answer

Stock grants refer to the offering of company shares as part of an employee's compensation package. This differs from stock options, which give the employee the option to purchase shares at a predetermined price, and tender offers, which involve the purchase of shares by a third party. "Initial grant" is not a commonly used term in relation to employee compensation.

Monica Is a Senior Interior Designer Who Works at 360