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Showing results for tags 'stock options'.
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Can a stock option award be amended to extend the term AFTER the original expiration date? Set aside any ISO/NQSO and accounting issues for now, I'm just trying to determine if it can be done. Award agreement states that option expires upon the earlier of 10 years from the date of grant, or the expiration date shown on the grant notice. Grant notice shows a date about 3 months earlier than 10 years from date of grant (related to date vesting begins). Example: - Grant date: 12/31/2007 - Expiration date (as shown in grant notice): 10/1/2017 Can this award be amended to extend the expiration date to 12/31/2017?
