I am ex-employee with vested stock options of company. First, is it right for the company to freeze my option account? And if the company freeze the trading under SEC rule, should I get extension beyond my option expiration date since I won't be able to trade within the 90 day after my termination of employment due to the trade freeze?
2006-12-07 12:30:06 · 2 answers · asked by pangzi 1 in Business & Finance ➔ Investing
It is legally possible for the company to freeze your account. "Right or wong" is an ehical/ or moral consideration. I assume the grantor set the terms before you were granted the stock.
2006-12-07 12:35:07 · answer #1 · answered by LEONARD L 1 · 0⤊ 0⤋
Options are an active employee incentive program, you buy options and improve your work so the company does better . . .
HOW will you be doing that as an EX-employee ?
Scandal is already hitting America over these option improprieties, sounds like you are trying another !
2006-12-07 12:37:54 · answer #2 · answered by kate 7 · 0⤊ 0⤋