Olagues / Summa Getting Started In Employee Stock Options

1. Auflage 2009
ISBN: 978-0-470-57075-3
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 224 Seiten, E-Book

Reihe: The Getting Started In Series

An A to Z guide for understanding employee stock options (ESOs).
In Getting Started In Employee Stock Optionsauthors JohnOlagues and John Summa provide a full understanding of ESOs anddemonstrate how to make the most of them. Page by page this authorteam, a highly experienced options market maker and a professionaltrader, share essential information that you're probably nothearing anywhere else. This book contains the keys to managing andhedging ESO opportunities in addition to important tax andvaluation guidance appropriate for the highest executives to thenon-officer managers and the newly arrived employee.
* Examines essential ESO issues, including tax consequences,risks, and industry pitfalls
* Written by an experienced pair of stock option experts
* Enables employees and executives to make more informeddecisions regarding their stock options grants
Written in a straightforward and accessible style, GettingStarted In Employee Stock Options will help protect thevalue of your options, help you avoid costly mistakes, and allowyou to take advantage of certain friendly tax rules. Some of theworld's foremost authorities on options have endorsed GettingStarted inEmployee Stock Options.

Autoren/Hrsg.

Olagues, John

Summa, John F.

Inhaltsverzeichnis

Preface.
Chapter 1: Introduction.
Chapter 2: Preliminary Concepts and Definitions.
Chapter 3: Options Valuation and Basic Concepts.
Chapter 4: Risks of holding ESOs (Unhedged).
Chapter 5: Tax Consequences of ESOs.
Chapter 6: Straddle Rule and Tax Implications of HedgingESOs.
Chapter 7: Management of ESOs and Premature Exercises.
Chapter 8: Comparison of Premature Exercises with EarlyWithdrawal from IRA.
Chapter 9: Non-Hedging Strategic Choices for Managing YourESOs.
Chapter 10: Basic Hedging Strategies Overview.
Chapter 11: Constraints on Hedging: Real and Imagined.
Chapter 12: Premature Exercise: Pros and Cons.
Chapter 13: Putting It All Together - The 7% Solution.
Chapter 14: Does Hedging ESOs Undermine Alignment ofInterests?
Chapter 15: Why Do Companies Want You to ExercisePrematurely?
Chapter 16: ESO Hedging Case Studies - Google, Yahoo!, andApple.
Chapter 17: ESO Valuation Methods.
Chapter 18: Comparing Restricted Stock with Employee StockOptions.
Chapter 19: Google Semi-Transferable Options.
Chapter 20: New World Options Plan.
Chapter 21: Understanding Executive Abuses I.
Chapter 22: Understanding Executive Abuses II.
Chapter 23: Understanding Executive Abuses III.
Appendix A: ESO Glossary.
Appendix B: IRA Tax Rules for Options.
Appendix C: Did the SEC Encourage Back-Dating and SpringLoading?
Appendix D: Hedging under 1.1221-2, Straddle Rule 1092 and otherTax Implications of Hedging ESOs.

Über Autor(innen)

John Olagues is owner of Truth in Options(www.optionsforemployees.com). Formerly a member of the PacificStock and Options Exchange and the Chicago Board Options Exchange,Olagues cofounded Options Research, the first analytical service toprovide theoretical options values to market makers and the generalpublic. For years he was considered one of the leading optionsmarket makers in the world, having created many of the trading andhedging strategies used today.
John Summa, PhD, is an author, economist, and founder ofOptionsNerd.com. In 2001, Summa coauthored the Wiley title, Optionson Futures: New Trading Strategies. A former fund manager, herecently launched the ESO educational Web site,HedgeMyOptions.com.