Florida Stock Option Plan of WSFS Financial Corporation

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

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
  • 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

What are the cons of offering employee stock options? Although stock option plans offer many advantages, the tax implications for employees can be complicated. Dilution can be very costly to shareholder over the long run. Stock options are difficult to value. The pros and cons of offering employee stock options hcamag.com ? news ? general ? the-pros-an... hcamag.com ? news ? general ? the-pros-an...

The stock options plan is drafted by the company's board of directors and contains details of the grantee's rights. The options agreement will provide the key details of your option grant such as the vesting schedule, how the ESOs will vest, shares represented by the grant, and the strike price.

WSFS common stock is traded on the NASDAQ stock exchange under the symbol WSFS.

A stock option is the right to buy a specific number of shares of company stock at a pre-set price, known as the ?exercise? or ?strike price.? You take actual ownership of granted options over a fixed period of time called the ?vesting period.? When options vest, it means you've ?earned? them, though you still need to ... What are stock options & how do they work? - Empower Empower ? the-currency ? money Empower ? the-currency ? money

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Florida Stock Option Plan of WSFS Financial Corporation