Colorado Stock Option Plan of WSFS Financial Corporation

State:
Multi-State
Control #:
US-CC-18-352B
Format:
Word; 
Rich Text
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Description

18-352B 18-352B . . . Stock Option Plan under which committee appointed by Board of Directors can grant (a) Incentive Stock Options, (b) Non-qualified Stock Options, (c) Stand-alone or Tandem Stock Appreciation Rights, and (d) Phantom Stock (which entitles recipient to receive in cash when share vests, an amount equal to sum of (x) fair market value of a share of stock on date when such share of Phantom Stock vests and (y) aggregate amount of cash dividends paid with respect to a share of stock during period between date share of Phantom Stock was granted and date on which such share vests). Committee has broad discretion at time of making Phantom Stock awards to impose conditions that must be satisfied in order for Phantom Stock to become vested
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  • Preview Stock Option Plan of WSFS Financial Corporation
  • Preview Stock Option Plan of WSFS Financial Corporation
  • Preview Stock Option Plan of WSFS Financial Corporation
  • Preview Stock Option Plan of WSFS Financial Corporation
  • Preview Stock Option Plan of WSFS Financial Corporation
  • Preview Stock Option Plan of WSFS Financial Corporation
  • Preview Stock Option Plan of WSFS Financial Corporation

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FAQ

Key Takeaways. Stock compensation is a way corporations use stock or stock options to reward employees in lieu of cash. Stock compensation is often subject to a vesting period before it can be collected and sold by an employee.

How to trade options in four steps Open an options trading account. Before you can start trading options, you'll have to prove you know what you're doing. ... Pick which options to buy or sell. ... Predict the option strike price. ... Determine the option time frame.

Once you are ready to exercise your options, you typically have several ways of doing so: Cash payment: You can come up with the cash to exercise the options at the strike price. Cashless exercise: Some employers allow you to exercise your options by selling just enough of them to cover the costs of exercising others. What are stock options & how do they work? - Empower empower.com ? the-currency ? money ? ho... empower.com ? the-currency ? money ? ho...

On the other hand, options require no payment upfront. Once vested, however, the optionholder will need to pay the strike price to exercise their options and convert them into shares. At this point, the optionholders must pay to exercise the options.

WSFS common stock is traded on the NASDAQ stock exchange under the symbol WSFS. Resources - Investor FAQs | WSFS Financial Corporation WSFS Investor Relations ? investor-faq WSFS Investor Relations ? investor-faq

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Colorado Stock Option Plan of WSFS Financial Corporation