SSRN-Executive Stock Options: Early Exercise Provisions and Risk-taking Incentives by Neil Brisley

SSRN-Executive Stock Options: Early Exercise Provisions and Risk-taking Incentives by Neil Brisley: "...proposed 'progressive performance vesting' can allow the firm more efficiently to rebalance risk-taking incentives for the manager."Pretty cool idea...short version: if stock price goes up significantly (you can index it if you want), then options vest earlier in order to lessen the increased