Exercise (of a Share Option or Other Executive-Plan Feature)

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Term: Exercise (of a Share Option or Other Executive-Plan Feature)

Definition:When a share option holder (owner) actually takes possession of the proceeds of the shares or of the shares themselves, he or she is said to have exercised their share option. In other words, the actual buying of shares under the terms of stock option grant.

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20 - The Basics of Equity Compensation 2
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The ERI Distance Learning Center is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org/

ERI Economic Research Institute is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®