The right to purchase a specific number of shares of company stock at a specific price during a specified period of time is called a
A) book value plan.
B) stock appreciation right.
C) phantom stock plan.
D) stock option plan.
E) restricted stock plan.

Question

Quizplus · Accepted Answer

This describes a stock option plan, where an employee is given the option to purchase a specific number of shares at a set price within a certain timeframe.

The Right to Purchase a Specific Number of Shares of Company