Trevor’s company offered him the right to purchase 100 share…
Trevor’s company offered him the right to purchase 100 shares at $50 per share at any time between two and six years from the day the company hired him. If the share price is $60 two years later, he could earn $10 from these options. Alternatively, he could wait up to six years for the share price to rise further. If the share price never rises above $50 during that time, he is “out of the money.” The option would expire. What reward system was offered to Trevor?