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Quiz 2 - Decoding Your Grant - Types & Vesting Mechanics (Email 2)

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Question 1 of 4

Grab your grant agreement. Do you see the letters "ISO" or "NSO" and identify what your vesting cliff is and how your options vest after that? 

A

Yes

B

No

C

I can find some but not all of these things in my grant

D

I can't find any of these things in my grant!

Question 2 of 4

Which type of stock option is generally taxed as ordinary income on the 'spread' WHEN you exercise them?

A

Incentive Stock Options (ISOs)

B

Qualified Stock Options (QSOs)

C

Non-Qualified Stock Options (NSOs)

D

All Stock Options

Question 3 of 4

The 'cliff' in a vesting schedule is the period of time...

 

A

after you leave the company to exercise your options.

B

after you have vested all of your options.

C

you must work before any of your options begin to vest.

D

when you can buy all of your options at once.

Question 4 of 4

After the vesting cliff is met, the rest of your options are typically earned...

A

only at the company's next funding round.

B

all at once.

C

only on the grant date.

D

through a process called gradual vesting.

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