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Quiz 1 - Your 4-Min Intro to Startup Stock Options (Email 1)

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Question 1 of 4

A stock option gives an employee the ____________ to buy a share of company stock at a set price.

 

A

guarantee

B

obligation

C

right

D

permission

Question 2 of 4

The vesting schedule determines...

A

the total number of shares that exist.

B

the day you receive the option grant.

C

when your options become yours to exercise.

D

the price you pay per share.

Question 3 of 4

To find your true ownership percentage of the company, you need to compare your shares to the...

A

fully diluted outstanding shares.

B

vesting schedule.

C

grant date.

D

strike price.

Question 4 of 4

Homework: Find your initial offer letter or grant agreement. Can you spot the words "stock options" or "equity"? Can you see how many options you've been granted?

A

Yes

B

No

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