Stock Options Exercise Letter Template | COM107-1

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COM107-1 Stock Options Exercise Letter Template

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easily editable in ms wordStock Options Exercise Letter Template

The Stock Options Exercise Letter Template should be written by the employee to the Chief Financial Officer along with payment in full for the number of shares to be purchased, pursuant to the exercise agreement. COM107-1 STOCK OPTION EXERCISE LETTER (SAMPLE) should include the following:

  • Optionee’s election to exercise the option;
  • The number of shares being exercised;
  • Optionee’s legal name, address and social security number;
  • A statement that the optionee understands that the certificate evidencing the shares may be stamped with a restrictive legend and the shares evidenced by such a certificate will constitute “restrictive securities as defined in Rule 144 promulgated under the Securities Act of 1933”; and
  • Optionee’s signature and current date.

Keep in mind employees that are granted options to purchase stock in the company may exercise their right to purchase the shares according to the terms of the Option Plan.

Stock Options Exercise Letter TemplateStock Options Exercise Letter Template Details

Pages: 01
Words: 124
Format: Microsoft Word 2013 (.docx)
Language: English
Manual: Human Resources
Category: Compensation
Procedure: Exercise of Incentive Stock Options Procedure COM107
Type: Letter

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