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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Conner who wrote (26943)	7/20/1999 9:24:00 PM
From: Nick Kline	Respond to of 74651

Q: cost of ms employee options: New employee options have the strike price set as the low during their first month of employeement (typically divided into 8 parts, one part vests every 6 months, starting after 1 year of employeement - ie 4.5 years to total vest). Many people get new options in the summer, and their strike price is set as the low during August I think, not July (same vesting schedule on each year's options, total vest 4.5 years after you get the new options). -nick