Notice of Award of Stock Options
This notice of award of stock options is a notice to
an optionee that the Company has awarded and
granted them an option to purchase common stock
of the Company at a fixed rate. The award notice
includes a variable chart to provide for vest dates
and expiration dates. This short form notice is
subject to the Company’s Stock Incentive Plan and
a more long form stock option agreement.
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COMPLETENESS. They are for guidance and should be modified to meet your needs and the
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___________ [Instruction: Insert Company Name]
___________ [Instruction: Insert Company Address 1]
___________ [Instruction: Insert Company Address 2]
___________ [Instruction: Insert Date]
___________ [Instruction: Insert Optionee Name]
___________ [Instruction: Insert Address 1]
___________ [Instruction: Insert Address 2]
Re: Notice of Award of Stock Options
Dear ___________ [Instruction: Insert Optionee Name]:
Effective ___________ [Instruction: Insert Date], you have been awarded a Non-
Qualified Stock Option to buy ___________ (_____) [Instruction: Insert Amount] shares of
common stock of ___________ [Instruction: Insert Company Name] (the “Company”) at
___________ Dollars ($_____) [Instruction: Insert Amount] per share. The total option price
of the shares granted is ___________ Dollars ($_____) [Instruction: Insert Amount]. The
shares will become exercisable (“vest”) and expire on the dates indicated below:
Shares Vest Date Expiration Date
Please sign this notice in the space provided below to confirm that this Option is awarded
under and governed by the terms and conditions of the Company’s Stock Incentive Plan and the
Stock Option Agreement, both of which are attached and made a part of this document.
Very Truly Yours,
___________ [Instruction: Insert Company
Name]
________________________________
[Instruction: sign]
___________ [Instruction: Insert Name of
Signatory], ___________ [Instruction: Insert
Title]
© Copyright 2011 Docstoc Inc. registered document proprietary, copy not 2
Acknowledged and agreed as of the foregoing date.
________________________________ [Instruction: sign]
___________ [Instruction: Insert Optionee Name]
© Copyright 2011 Docstoc Inc. registered document proprietary, copy not 3