Survey Results: Timing of Option Grants
 1. At our company, the granting of options to executive officers is conducted by (presumes proper delegation from the board): (Total responses: n=34)
(select only one) |
| n=31 (91.18%) |
compensation committee |
| n=1 (2.94%) |
chair of the compensation committee |
| n=0 (0.00%) |
non-executive chair or lead director |
| n=0 (0.00%) |
human resources department |
| n=2 (5.88%) |
CEO |
2. At our company, options are granted to the CEO based on this timing (note this question doesn't take hiring grants into account): (Total responses: n=34)
(select only one) |
| n=21 (61.76%) |
annually at a meeting of compensation committee, whose meeting is around the same time each year |
| n=10 (29.41%) |
periodically at meetings of compensation committee |
| n=2 (5.88%) |
at the discretion of other person(s) with delegated authority to grant options |
| n=1 (2.94%) |
options automatically granted by a formula (set by a plan or otherwise) |
| n=0 (0.00%) |
we don't grant options to the CEO |
3. At our company, options are granted to directors based on this timing: (Total responses: n=33)
(select only one) |
| n=11 (33.33%) |
annually at a meeting of compensation committee, whose meeting is around the same time each year |
| n=1 (3.03%) |
periodically at meetings of compensation committee |
| n=1 (3.03%) |
at the discretion of other person(s) with delegated authority to grant options |
| n=13 (39.39%) |
options automatically granted by a formula (set by a plan or otherwise) |
| n=7 (21.21%) |
we don't grant options to directors |
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