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SEC Form 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONER 4Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPCheck this box if no longer subject to Section 16. Form 4 or Form 5 obligations
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This option refers to a stock option granted to an employee or individual as part of their compensation package, allowing them to purchase shares of the company's stock at a predetermined price.
Typically, the individual receiving the stock option and the employer are required to file relevant documentation regarding the grant, often as part of tax reporting requirements.
To fill out the option granted, you will need to complete the appropriate forms provided by the employer, which may include details such as the number of options granted, the grant date, exercise price, and any vesting schedule.
The purpose of granting stock options is to incentivize employees by giving them the opportunity to share in the company's growth and success, thereby aligning their interests with those of the shareholders.
The information that must be reported includes the recipient's name, the number of options granted, grant date, exercise price, and the vesting schedule.
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