Pauline, the president of Business Corp, falsified documents to make it appear as if she had been granted stock options on certain dates, and she selected the dates after the fact, picking dates on which the stock price was low. Which of the following offenses, if any, did she commit?

Question

Quizplus · Accepted Answer

Stock option backdating involves selecting a grant date for stock options after the actual date, typically choosing a time when the stock price was particularly low to increase the value of the options. This is what Pauline did by falsifying documents to make it appear as if she had been granted options on those dates, making it an act of stock option backdating.

Pauline, the President of Business Corp, Falsified Documents to Make