18-362C 18-362C . . . Eligible Directors' Stock Option Plan under which (a) each outside director who was in office on October 1, 1996 was granted, subject to stockholder approval of Plan, option to purchase 4,000 shares of stock and each outside director who first takes office after October 1, 1996 will receive a one-time initial option to purchase 10,000 shares of stock, and (b) each outside director in office on October 1, 1996 will be granted an option on April 1 of each year commencing in 1997 to purchase 4,000 shares of stock provided he or she is in office on date of grant, and each outside director who takes office after October 1, 1996 will be granted an option on April 1 of each year to purchase 6,000 shares of stock provided he or she is in office on date of grant. Exercise price of all options is fair market value on date of grant. All options are exercisable six months after date of grant
Hawaii Eligible Directors' Stock Option Plan of Wyle Electronics
Category:
State:
Multi-State
Control #:
US-CC-18-362C
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Eligible Directors' Stock Option Plan Of Wyle Electronics?
US Legal Forms - among the largest libraries of legal types in the States - gives an array of legal document themes you may down load or produce. Utilizing the website, you will get 1000s of types for organization and personal reasons, sorted by categories, says, or search phrases.You can get the most up-to-date types of types such as the Hawaii Eligible Directors' Stock Option Plan of Wyle Electronics within minutes.
If you already possess a registration, log in and down load Hawaii Eligible Directors' Stock Option Plan of Wyle Electronics from your US Legal Forms local library. The Down load button will appear on each kind you see. You get access to all previously delivered electronically types within the My Forms tab of your account.
If you wish to use US Legal Forms initially, allow me to share easy recommendations to obtain started out:
- Be sure to have chosen the proper kind for your city/state. Go through the Review button to analyze the form`s information. Look at the kind information to actually have selected the correct kind.
- If the kind does not match your needs, utilize the Research area at the top of the display to discover the one who does.
- In case you are happy with the form, affirm your choice by clicking the Get now button. Then, select the prices prepare you like and give your accreditations to sign up for the account.
- Procedure the transaction. Make use of your charge card or PayPal account to accomplish the transaction.
- Select the formatting and down load the form on your own system.
- Make alterations. Complete, change and produce and indication the delivered electronically Hawaii Eligible Directors' Stock Option Plan of Wyle Electronics.
Every single format you added to your account does not have an expiration day and is also your own forever. So, if you wish to down load or produce one more copy, just visit the My Forms section and click on on the kind you need.
Gain access to the Hawaii Eligible Directors' Stock Option Plan of Wyle Electronics with US Legal Forms, probably the most comprehensive local library of legal document themes. Use 1000s of expert and express-certain themes that meet your organization or personal needs and needs.
Form popularity
FAQ
Key Takeaways. An employee stock ownership plan (ESOP) is an employee benefit plan that gives workers ownership interest in the company in the form of shares of stock. ESOPs encourage employees to give their all as the company's success translates into financial rewards.
When you're granted stock options, you have the option to purchase company stock at a specific price before a certain date. Whether you actually purchase the stock is entirely up to you. RSUs, on the other hand, grant you the stock itself once the vesting period is complete. You don't have to purchase it.
Stock options are a form of equity compensation that allows an employee to buy a specific number of shares at a pre-set price. Many startups, private companies, and corporations will include them as part of a compensation plan for prospective employees.
A stock option plan is a mechanism for affording selected employees and executives or managers of a company the opportunity to acquire stock in their company at a price determined at the time the options are granted and fixed for the term of the 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. Stock options can result in high levels of compensation of executives for mediocre business results.