Startup Terms Glossary
What are Stock Options?
When an investor has a stock option, it means that they are entitled to be able to sell their shares in stock at a pre-determined time and for an agreed upon price. Stock options give investors the right to sell their shares; it’s important to note that there is no obligation for stockholders to do so.
Stock Options Examples
Examples of features of stock options:
- Example 1. Two types: put options and call options
- Example 2. Terms are defined in a legal contract
- Example 3. Investors bet on whether a stock’s value will rise or fall
- Example 4. If investors bet correctly, a higher return on their investment is achieved
Here’s another web page about stock options.
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Meet some of our Stock Options Lawyers
DC L.
Darren Craig ("DC") Lamb is the Founder and Managing Partner of DCL Legal, AI, & Business Consulting, a Nashville-based law firm serving entrepreneurs, founders, and growing businesses as outside general counsel. Licensed in TN, KY, and IN, Darren previously served as lead associate at Wilson Elser (AmLaw 200), handling all litigation for a Fortune 500 e-commerce company across KY, IN, and TN, and managing complex coverage matters for a leading international insurance market. DCL Legal focuses on business litigation, commercial contracts, corporate governance, AI & technology advisory, and fractional general counsel engagements — delivering executive-level legal guidance without the cost of full-time in-house counsel.
"Very responsive and communicated findings clearly and in depth."
Christina J.
Christina J.
I am a Texas Board Certified specialist in Labor and Employment Law (since 2002) with nearly three decades of experience across private practice, Big Law, in-house counsel, and national civil rights litigation. I currently own and manage Jump Start Legal Justice Center, where I lead nationwide litigation for nonprofit domestic entities, defending free speech and constitutional rights, litigating Title VI and Title VII claims for professors, and representing individuals in No Fly list and watchlist challenges. For nearly a decade, I served as Civil Litigation Department Head at the Constitutional Law Center for Muslims in America (now MLFA), managing a nationwide team of up to 12 attorneys, paralegals, and interns. My docket included religious freedom and religious discrimination cases for Muslim, Jewish, and Native American clients; birthright citizenship challenges; and inmate rights litigation for meal and prayer accommodations. My employment law background includes senior roles at Littler Mendelson, Jackson Walker, Akin Gump, and Jackson Lewis, as well as serving as the Texas state expert for Thomson Reuters Practical Law. I have counseled corporations on wage/hour compliance, non-compete agreements, FMLA, discrimination, retaliation, and workplace investigations. I have first-chaired federal court jury trials and handled appeals across the Second, Third, Fourth, Fifth, Sixth, Ninth, Tenth, Eleventh, and D.C. Circuits. I also hold a Mediation Certification from the University of Houston and have served as an Associate Hearing Officer for the City of Dallas. I am a multiple-year Texas Super Lawyer (through 2026), Fellow of the Texas Bar College, and Fellow of the American Bar Association. I draft and review employment agreements, severance agreements, non-compete agreements, employee handbooks, independent contractor agreements, and settlement agreements. I also advise on nonprofit compliance, religious accommodations, and constitutional claims. Bar admissions: Texas (1996), U.S. Supreme Court, multiple Circuit Courts of Appeal, and federal district courts in Texas, Arkansas, Colorado, and Illinois (General Bar and Trial Bar).
LeMont J.
LeMont leads a corporate and transactional practice with a focus on delivering practical, business-oriented legal solutions. His practice spans corporate law, commercial transactions, and real estate matters, advising clients through entity formation, governance, contract negotiation, acquisitions, and complex deal structuring. In the corporate and transactional space, LeMont counsels closely held businesses, startups, and growth-stage companies on formation strategy, operating agreements, shareholder arrangements, and day-to-day commercial contracting. He is known for structuring deals in a way that balances legal protection with operational flexibility, ensuring that agreements are both enforceable and commercially workable. His real estate practice includes representing clients in residential and commercial transactions, including purchases, sales, leasing arrangements, and hybrid structures such as rent-to-own and option-to-purchase agreements. He regularly works with clients to navigate deal risk, clarify ownership timelines, and document transactions to minimize future disputes.
"Hired LeMont for a compliance review — a claim I was about to print and an agreement I was about to sign. He asked good questions before starting instead of guessing at my facts, and one of them caught a real gap in my own draft. Where the law was unsettled he told me what he'd do rather than stopping at "it depends," which is the entire reason I hired a lawyer instead of trying to read the statutes myself. He also surfaced something my own research had missed entirely. He flagged an issue he could easily have billed me to analyze, and told me to wait until it was actually a problem. Delivered on time, at the flat fee quoted, no surprises. I'll be hiring him again."
May 19, 2026
Lawrence E.
Attorney, Mediator & Strategic Advisor with 25+ years of experience helping clients navigate high-stakes decisions, negotiations, and litigation. I work with business owners and individuals to assess risk, structure agreements, and avoid costly mistakes before they escalate. My approach combines litigation experience, negotiation strategy, and practical judgment to help clients reach efficient, favorable outcomes. Known for clear communication and the ability to break down complex issues into straightforward, actionable decisions.
May 27, 2026
Marissa J.
I am an attorney and U.S. Navy veteran with experience in employment law, workplace investigations, contract review, and regulatory compliance. During law school, I worked at Jackson Lewis P.C., where I supported EEOC matters, workplace investigations, litigation strategy, and employment-related legal matters. Before becoming an attorney, I served over seven years as a Surface Warfare Officer in the United States Navy, leading teams in high-pressure operational environments. I bring a practical, detail-oriented, and client-focused approach to every matter.
June 5, 2026
Talin M.
Dual-licensed attorney with expertise in several fields of law. I can help clients from nearly any jurisdiction. Serving both individuals and organizations of all sizes.
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