I'm researching stock options;



What is a stock option?

A stock options give you the option -- but not the obligation -- to buy company stock at a fixed price. This fixed price is called the exercise price. You can only exercise (buy the company stock) this option between two dates, the vesting date and the expiration date. The vesting date is often a year or more from the date that the option was granted, or given, to you. The expiration date, is many years after the vesting date.