Thursday, December 23, 2010

A vested interest

This morning, I woke up to another email alert from eTrade. It seems I have a decent number of restricted stock options coming due in a few weeks. Naively, I logged into their system to look up the strike price. Times have certainly changed since the last time I had options of my own. (Was that really ten years ago?) Restricted shares have no strike price, and I do not have to buy them. They just become mine when they vest. This is good news.