http://www.naspp.com/home/

Question of the Week - Stump Your Peers!

Stump your peers by submitting your own "Question of the Week" question and answer. If we publish your question for one of our weekly quizzes, you'll get the credit (if you opt to) and have an advantage that week (since you'll know the answer!).

Stump Your Peers Guidelines:

- Questions must be able to be answered using content from the NASPP site
- You may create a question in any category you wish
- All questions should have multiple choice answers (with 4 to 5 choices)
- A separate survey form needs to be completed for each question submitted
- You may participate in the Question of the Week contest when your question is published
- NASPP staff has the right to make editorial adjustments to submitted content
- The NASPP has sole discretion over the timing of when any question will be published
- Credit on the NASPP site will be given if your question is used; if you do not want credit, you can opt out in the submission form

Question Title

* 1. First and Last Name

Question Title

* 2. Email Address and Daytime Phone Number

Question Title

* 3. Company Name

Question Title

* 4. Enter the text of your question:

Example:

Which is true about an incentive stock option?

Question Title

* 5. Enter 4 to 5 answer choices for your question.

Example:

1. The option price must be less than or equal to the fair market value of the Company's stock on the date of grant.
2. The stock option must be granted under a plan that states the aggregate number of shares that may be issued to employees.
3. The stock option can be granted to employees, consultants of advisors to the Company.
4. The stock option must expire within 5 years from the date of grant.

Question Title

* 6. Enter the correct answer (from your list above) to your question.

Example:

Correct Answer:

2. . The stock option must be granted under a plan that states the aggregate number of shares that may be issued to employees.

Question Title

* 7. Please provide a 50-125 word explanation in support of the correct answer for your question. Be sure to refer to the location where the information can be sourced on the NASPP web site.

Example:

As identified in the "Grant Requirements" section of the "Incentive Stock Options" portal, the aggregate number of shares to be granted to employees must be included in the plan document under which an Incentive Stock Option ("ISO") is to be granted. Other requirements for an ISO to qualify as such under Section 422 of the Internal Revenue Code are that the option may only be granted to employees, must be exercisable for not more than 10 years from the date of grant, and have a price equal to or greater than the fair market value of the stock on the date of grant.

Question Title

* 8. Please copy and paste the exact link(s) to any source material on the NASPP web site that supports the answer to your question:

Question Title

* 9. If we publish your question for one of our weekly quizzes, do you agree to have your name and company published along with your question?

T