Which Is the Date When Employees Elect to Exchange the Option

question 53

Multiple Choice

Which is the date when employees elect to exchange the option and cash for shares of common stock?

• A) vesting date
• B) grant date
• C) exercise date
• D) market date

---

Definitions:

Liver Cancer

A type of cancer that starts in the liver, characterized by uncontrolled cell growth in the liver tissue.

Contracting Pneumonia

The act of acquiring pneumonia, an infection that inflames the air sacs in one or both lungs, which can be caused by various organisms including bacteria, viruses, and fungi.

Teenage Pregnancies

Pregnancies occurring in individuals typically aged 13 to 19, often associated with various social, economic, and health challenges.

Adolescent Pregnancy

Pregnancy occurring in a female who is in her teenage years, often raising health, social, and economic concerns.