Unit 1 Flashcards
1
Q
To be eligible to cast a vote, when ownership must be established
A
Record date
2
Q
Nonqualified Stock Options
A
Given to employees as a form of compensation
3
Q
Bargain element on Nonqualified Stock Options
A
Difference between current market price and strike price
4
Q
What Incentive Stock Option allows
A
Employee to purchase and hold stock without being taxed immediately
5
Q
When Inentive Stock Options are taxed
A
If held 1+ years and sold at least 2+ years after grant
6
Q
What holding period rule applies to
A
Unregistered stock
6
Q
A
