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Old 11-30-2007, 10:40 PM
4_2_it 4_2_it is offline
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Join Date: Jul 2005
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Default Re: ***SSNL LIFE THREAD NOV***

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Goofy that is for sure the kind of thing you can bring up w/ people and w/ some good negotiation get at least a cash bonus if they don't award you the company stock from August.

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I doubt he gets much sympathy. Not unusual for options to be granted on a set date. My company does it once a year in December and you had to be employed on Jan 1 of that year to be eligible.

Recent SEC investigations have focused on stock grant dates and a lot of companies have changed their policies to have set dates that options are granted. This avoids a lot of issues.

I'm not saying he shouldn't bring it up, only that in the current environment his company probably not being unreasonable.