Missouri Adoption of Stock Option Plan of WSFS Financial Corporation The Missouri Adoption of Stock Option Plan is a comprehensive compensation program implemented by WSFS Financial Corporation, a leading financial institution based in Missouri. This program aims to provide an attractive incentive to employees by granting them the opportunity to purchase stock options in the company. These stock options allow employees to buy a specific number of shares at a predetermined price within a set timeframe. WSFS Financial Corporation offers several types of stock option plans as part of their Missouri Adoption program: 1. Incentive Stock Options (SOS): SOS are granted to employees and provide certain tax advantages. These options allow employees to purchase company stock at a discounted price, typically lower than the current market value, with potential tax benefits upon sale. 2. Non-Qualified Stock Options (Nests): Nests are another type of stock option available under the Missouri Adoption program. Unlike SOS, these options do not carry specific tax advantages, but are more flexible in terms of eligibility criteria and vesting schedules. 3. Restricted Stock Units (RSS): RSS are an alternative form of stock compensation offered by WSFS Financial Corporation. Instead of granting options to purchase stock, RSS provide employees with actual shares of company stock at a future date. RSS typically vest over a specific period and are subject to certain conditions defined by the program. WSFS Financial Corporation's Missouri Adoption of Stock Option Plan is designed to align the interests of employees with those of the company's shareholders, foster a sense of ownership, and reward employee contributions to the organization's success. This program serves as a vital tool to attract, retain, and motivate talented individuals, ultimately driving the company's growth and ensuring its long-term success. Disclaimer: The above description is a general overview of the Missouri Adoption of Stock Option Plan of WSFS Financial Corporation. It is essential to refer to the official plan documents and consult with legal and financial professionals for accurate and specific information.
Missouri Adoption of Stock Option Plan of WSFS Financial Corporation
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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
For example, a stock option is for 100 shares of the underlying stock. Assume a trader buys one call option contract on ABC stock with a strike price of $25. He pays $150 for the option. On the option's expiration date, ABC stock shares are selling for $35. Options: Calls and Puts - Overview, Examples, Trading Long & Short corporatefinanceinstitute.com ? derivatives ? optio... corporatefinanceinstitute.com ? derivatives ? optio...
Many companies use employee stock options plans to compensate, retain, and attract employees. These plans are contracts between a company and its employees that give employees the right to buy a specific number of the company's shares at a fixed price within a certain period of time.
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. Employee Stock Ownership Plan (ESOP): What It Is, How It Works ... investopedia.com ? terms ? esop investopedia.com ? terms ? esop
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...
WSFS common stock is traded on the NASDAQ stock exchange under the symbol WSFS.
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.