Backdating stock scandal

16 Feb

Yet the CEO share of the total amount of stock options granted actually fell from a high point of about 7 percent in the mid-1990s to less than 5 percent in 2000-2.

Indeed, by 2002 more than 90 percent of stock options were being granted to managers and employees.

Many companies use employee stock options plans to compensate, retain, and attract employees.

These plans are contracts between a company and its employees that give employees the right to buy a specific number of the company’s shares at a fixed price within a certain period of time.

On the SEC’s EDGAR database, you can find a company’s Form S-8, describing the plan or how you can obtain information about the plan.

Employee stock options plans should not be confused with the term "ESOPs," or employee stock ownership plans, which are retirement plans.

Companies sometimes revalue the price at which the options can be exercised.

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