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[COMPANY NAME] [YEAR OF ADOPTION] EQUITY INCENTIVE PLAN NOTICE OF STOCK OPTION GRANT (EARLY EXERCISE) [Company Name] (the Company) hereby grants you the following Option to purchase shares of its
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A nonstatutory share is a type of equity compensation that is not governed by specific statutory rules, allowing for more flexibility in terms of vesting and transferability.
Employees who receive nonstatutory stock options or restricted stock are typically required to file this form to report their equity compensation.
To fill out the form, individuals must provide personal information, details about the equity granted, the exercise price, the number of shares, and the date of grant.
The purpose of this form is to report equity compensation for tax purposes and to ensure compliance with IRS regulations.
Information that must be reported includes the employee's identification details, the company's name, the grant date, number of shares, and the fair market value at the time of exercise.
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