Jeremy Goldstein Explains How Companies Should Handle Stock Options

As lawyer Jeremy Goldstein explains it, giving employees stock options used to be more prevalent in the past than it is nowadays. A number of years ago they did this sometimes to save money but problems with handing these out made it more trouble than it was worth for the company and employees. Instead, they chose to compensate employees in other ways such as a higher salary or bigger bonus when the company was doing well.

If a company wants to still give stock options to their employees Jeremy Goldstein says that they need to follow the right strategy. He says the best option is what’s called a “knockout” where there the vesting requirements and the time limits remain the same. However, if the value of the stock falls below an agreed upon number for an agreed upon time period than the employee loses the right to exercise their stock options. This, he says, removes a lot of the problems.

Jeremy Goldstein is a New York City lawyer. He has had his own law firm for over three years and he has almost 20 years of experience in the industry overall. His specialty is advising corporate executives about their compensation practices. His focus within that realm is providing advice through the merger and acquisition process when issues surrounding executive compensation can get particularly thorny. Learn more: https://www.visualcv.com/jeremygoldstein

It was at the Cornell University that Jeremy Goldstein earned his bachelor’s degree. He continued his education at the University of Chicago where he earned his master’s degree, and his law degree was earned at the New York University School of Law. He frequently writes and speaks about the law for various publications. Among other organizations he helps helm he serves the Make-A-Wish Foundation by being on their New Leadership Council.