Transferable Stock Option

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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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
Under the Transferable Stock Option (TSO) program, employees will still be able to exercise their options, but will also be able to sell their options to financial institutions as an alternative.
Google Inc. to Launch Transferable Stock Option Program for its Employees

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