Tom Taulli, who writes a semi-monthly column on stock options for CBS MarketWatch, has written a practical, readable how-to book for the expanding ranks of employees at companies that award stock options. Taulli explains the basics of stock options, including vesting, exercising, and taxes. He skillfully guides readers through the complex language and logic of incentive stock options, nonqualified stock options, contract terms, and securities laws.
Taulli shows readers how to negotiate for the best contract and what to do once the options are in place. He provides guidance on using hedging strategies, reducing estate taxes, and getting the right professional advice. He also explains researching stock options, finding out what "developmental stage" a company is in, and recognizing the pitfalls of stock options, such as insider trading and Rule 144.
Tom Taulli has successfully negotiated stock option deals for himself, has advised others how to do the same, and is closely connected with the network of fast-growing companies for which option compensation is now the coin of the realm.
