Question

Which of the following are facts or conditions that are specifically set forth in stock option plans?

1) Vesting schedule
2) Exercise price
3) Expiration date
4) Strike price
5) All of the above

Answer 1

5) All of the above. Stock option plans include the vesting schedule, exercise price, and expiration date.

Step-by-step explanation:

The facts or conditions that are specifically set forth in stock option plans include:

1. Vesting schedule: This is the schedule that determines when an employee is entitled to exercise their stock options. It typically involves a specified period of time that an employee must work for the company before their options become vested.
2. Exercise price: This is the price at which an employee can buy the company's stock when exercising their options. It is often set at the fair market value of the stock at the time the options are granted.
3. Expiration date: This is the date at which the employee's stock options expire. If the options are not exercised before this date, they become worthless.

The correct answer is option 5) All of the above, as all of these factors are included in stock option plans.