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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
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.
Hall, "Transferable Stock Options (TSOs) and the Coming Revolution in Equity-based Pay," Journal of Applied Corporate Finance, Vol.
One intriguing possibility is the introduction and proliferation of ongoing transferable stock option (TSO) programs.