Jottings By An Employer's Lawyer

Tuesday, July 15, 2003

Why Options As An Employee Benefit Aren't Dead Yet


Although many have viewed Microsoft's decision to abandon the use of stock options as the beginning of the end, others are not so sure. In today's Washington Post, Allen Sloan has another view in his column, Don't Write Obituary for Options Just Yet. But on the opposite side of the country, Kathy Kristof of the Los Angeles Times reports the differences between options and their replacement, restricted stock. Although you can spin the arguments either way, there is a lot that sounds good about trying to reorient the incentives.


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