Transferable Stock Option

An employee stock option that allows the employee to give to another party. Usually, transfers are limited to members of the employee's family, an investment vehicle designed to benefit family members, and/or a charity.

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Transferable Stock Options

References in periodicals archive

Four years later, Google is making headlines for a more permanent transferable stock option (TSO) program that will allow employees to sell their vested options to preapproved financial institutions in an online auction managed by Morgan Stanley.

Are TSOs a new trend? Already employed by Microsoft and Google, transferable stock options may be the incentive plan of the future

One intriguing possibility is the introduction and proliferation of ongoing transferable stock option (TSO) programs.

The challenge of turning managers into owners

In December, Google announced a new compensation program for its employees called transferable stock options. When options vest, employees can sell them online to the highest-bidding financial institution.

A road map for share-based compensation: find the best strategy for rewarding employees

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