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Government Amends Employees' Stock Option SchemeThe Express Form

Government Amends Employees' Stock Option SchemeThe Express Form

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please could you explain how a sop works employee stock option programs and how much percent of equity should generally be given to them if they join us early in the company yeah yeah it's great question so SOP stands for an employee stock option program which basically means when you join a company or you work at a company for a while in addition to beget being given money for your salary you're given shares and so what what happens in an example actually for me is I worked at I worked at Goldman Sachs and this is just a prospectus for my MBA students for when gold went public in 99 I was there at the time but but when I when I worked there I was given shares a very tiny amount cuz I was a grunt I was a photocopy boy but a very good photocopier and I was given shares and I wasn't allowed to sell them until a certain time and what happens usually in a lot of companies is you're given shares in the company but through options but you're not allowed to actually cash them in every year yo

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