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Question 1 of 4
Simple Homework: Scan your stock option grant agreement for terms like "Change in Control." Do you see it?
Yes
No
I can't find it
Question 2 of 4
What does a 'Change in Control' clause in your grant agreement dictate?
What happens to your unvested options if the company is sold.
The price you pay for your stock options.
The terms of your annual salary review.
The total number of options you receive.
Question 3 of 4
Which type of vesting acceleration requires both a company acquisition AND a termination of your employment to trigger?
Automatic Trigger.
Vesting is not accelerated during an acquisition.
Single Trigger.
Double Trigger.
Question 4 of 4
After a company IPO, what is a typical period where employees are restricted from selling their shares?
A lock-up period.
A vesting cliff.
A PTEP (Post-Termination Exercise Period).
A 90-day grace period.