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Equity Compensation 101
By Gary T. Moyer, April 11, 2000
ISO Requirements (con’t)
- Restriction on Transfer
- During the employee’s lifetime, the option must not be transferable nor exercisable by any person other than the employee
- Holding Period
- The stock received on the exercise of an ISO may not be sold or transferred within 2 years after the grant of the ISO or within one year after its exercise (if this rule is violated the ISO becomes a NQSO)
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