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Stock Options

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Optionee

Guest
I changed jobs May of 2000. At my previous job I was offered stock options. I remember it took some time for them to grant the options, (had to wait for the board to meet), but after a few weeks, I had a meeting with my manager and her manager to sign the stock options papers.

I realize I have been at my new job now several months and have not been asked to sign papers for the option si was promised in my offer letter. I was working diligently at my job, until a new co-worker mentioned he signed his option papers yesterday.

I called accounting and sure enough, I never signed any papers for my promised options (and they will meet with me about it next Monday).

I have some questions:

1) what about the price of the options now as opposed to 3 months ago? Do they have to offer me the price at the time of my hire?

2) is this an honest oversight, a simple slip of paperwork, or a huge blunder on accountings part and a deliberate attempt to not grant my options?

If they are toying with me, I can work for someone more appreciative.

If it's an honest oversight, these things happen.

I'd like to know.

Thank You

 



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