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SEC Form 4UNITED STATES SECURITIES AND EXCHANGE COMMISSIONER 4Washington, D.C. 20549Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).OMB
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Director stock option grant is a compensation program that allows directors of a company to purchase shares of the company's stock at a specified price within a certain period of time.
Directors who receive stock option grants from the company are required to file director stock option grant.
Directors can fill out director stock option grant by providing information such as the number of shares granted, the exercise price, and the expiration date of the options.
The purpose of director stock option grant is to align the interests of directors with those of shareholders by providing an incentive for directors to work towards increasing shareholder value.
Information such as the grant date, number of shares granted, exercise price, expiration date, and any restrictions on the options must be reported on director stock option grant.
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