Transferable Stock Options

Transferable Stock Options

Options that provide by their terms that they may be transferred by the optionee, generally only to a family member or to a trust, limited partnership or other entity for the benefit of family members, or to a charity.

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.
References in periodicals archive ?
One intriguing possibility is the introduction and proliferation of ongoing transferable stock option (TSO) programs.