ContractsCounsel Logo

Legal Questions and Answers

Get free proposals from vetted lawyers in our marketplace.

GET FREE PROPOSALS
No upfront payment required. Pay only if you hire.
Home Q&A Forum What is 'strike price' in my employee stock option agreement?

Business

Option Grant Agreement

California

Asked on Oct 10, 2022

What is 'strike price' in my employee stock option agreement?

Want to learn more about the agreement that is being presented to me. There is a 'strike price' that I am suppose to pay?

1 Attorney answer

Answer

Business

California

Answered 642 days ago

Michael M.

ContractsCounsel verified

Business Lawyer
Licensed in California
Free Consultation

The strike price is defined as the price that the employee can exercise his/her options at. For example, if the strike price is $1.00, at the point the 100s options have vested, the aggregate amount owed to exercise would be $100.00

Use of the ContractsCounsel Q&A Forum does not create an attorney-client relationship between User and any Lawyer User. The Forum is not a substitute for legal advice from a lawyer but is intended to be educational and to help the user determine if legal services are necessary. The Forum, Content, and communications on the Forum do not constitute legal advice.
Meet some lawyers on our platform

Sara S.

145 projects on CC
CC verified
View Profile

Umar F.

3 projects on CC
CC verified
View Profile

Michael M.

609 projects on CC
CC verified
View Profile

Daniel R.

151 projects on CC
CC verified
View Profile

Find lawyers and attorneys by city