business

Employee Stock Option Plan (ESOP) FAQ

Explain equity compensation to new hires

The Prompt
Write a comprehensive FAQ document explaining [COMPANY_NAME]'s employee stock option plan. Cover: 1) Vesting schedule 2) Exercise price 3) Tax implications 4) Liquidity events 5) Common scenarios (leaving company, acquisitions) 6) How to track shares. Use simple language avoiding legal jargon, for [STAGE] startup with [VESTING_PERIOD] cliff.

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When to use this

When onboarding employees to equity programs

Pro tips

  • Include visualization of vesting timeline
  • Link to cap table management software

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