Recent Answers to Option Grant Agreement Law Questions
What is 'strike price' in my employee stock option agreement?
View Michael M.
4.9 (332)
Business
Option Grant Agreement
California
Want to learn more about the agreement that is being presented to me. There is a 'strike price' that I am suppose to pay?
Michael M.
Answered Oct 11, 2022
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