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BorgWarner Inc Stock Incentive Plan SEC Gov Form

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[Music] hey what's going on everybody so today we are going to talk about incentive stock options otherwise known as isos so it's a type of stock compensation that you see in the tech world and then it can get really confusing and so what i'm going to do is do some illustrations um to hopefully uh kind of help help clear clarify things and so that it makes a little bit more sense for you so let's get started so in order to understand isos there are three main things so first they are granted to you you exercise them and then you sell them so the first important thing whenever you're given isos then they are granted to you and so there's a certain date that you're granted them and and there's two pieces of information that are really important so first is the number of isos that you are granted um and so in our example we're just using round numbers so we're going to say that you are granted 1 000 isos now t

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