3. Equity compensation plan or a stock option is the opportunity, given by the employer, to own a certain number of shares of the company's common stock at a pre-established price, known as the grant price, over a specific period of time, known as the vesting period.
4.
5.
6.
7.
8.
9.
10.
11. Right to purchase shares. Price is predetermined. Not shareholders,no votes Vesting ceases when employee leaves.