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Keeping owners, managers, and stakeholders up to date on issues affecting their businesses.

Viewing posts in "Restaurant & Hospitality".

Staying Single (Member LLC)

This post discusses some of those consequences. In short, the added costs and responsibilities of adding another member should be considered carefully before switching from a single-member LLC to a multi-member LLC.

Specific Types of Equity Compensation: Incentive Stock Options and Non-Qualified Stock Options

Employee stock options are a type of equity compensation that provides the employee with the right to buy employer stock at a specified exercise price at the end of a specified vesting period. The exercise price of a stock option is typically the fair market value of the share of stock at the time the option is granted. The vesting is commonly time-based (or, less often, performance-based). Options are exercisable for a specified exercise period after the option vests, typically for five to ten years.

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