Equity Compensation
Our employment lawyers in Philadelphia provides equity compensation services to executives and employees offered stock options in the private or public corporation to which they are employed. This type of non-cash compensation is usually part of the employee’s full compensation plan. Our services include negotiation of equity grants, review of terms and conditions set forth in these grants, and access to tax and accounting specialists to address issues associated with equity compensation. It is important that executives and employees comprehend the terms and conditions of these plans. Sidney L. Gold & Associates are committed to helping our clients fully understand the stipulations and provisions of these agreements.
There are several kinds of stock options available that offer an employee or executive the right to buy company stock at a set price within a certain time period. There are non-qualified stock options (NSO) and incentive stock options (ISO) which give employees and executives the opportunity to buy stock at any time while they are vested in the company. Restricted stock vests during a specified time and cannot be accessed by the employee during this time period. Employees in restricted stock plans must be actively employed with the company during the vesting period. If they leave employment, they will surrender their shares of invested restricted stock. While a restricted stock grants dividends and voting privileges to the employee, they still cannot sell the shares until the vesting period ends.
For more information on equity compensation, contact the Philadelphia employment law firm of Sidney L. Gold & Associates at 215-569-1999, or complete our online contact form.