Define: Nonstatutory Stock Option
What does "Nonstatutory Stock Option" mean? The meaning differs based on the contract. We found 5 definitions across 8 companies in SEC filings.
Definition 1 (CrowdStrike Holdings, Inc., seen in 5 filings)
Nonstatutory Stock Option means an Option that by its terms does not qualify or is not intended to qualify as an Incentive Stock Option.
Source: CrowdStrike Holdings, Inc. S-1
Definition 2 (Tesla, Inc., seen in 2 filings)
Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.
Source: Tesla, Inc. S-1
Definition 3 (CVS HEALTH Corp, seen in 1 filing)
Nonstatutory Stock Option means any Stock Option that is not an ISO.
Source: CVS HEALTH Corp 10-K
Definition 4 (Salesforce, Inc., seen in 1 filing)
Nonstatutory Stock Option means an option that is not intended to qualify as an Incentive Stock Option under Section 422 of the Internal Revenue Code of 1986, as amended.
Source: Salesforce, Inc. 10-K
Definition 5 (AppLovin Corp, seen in 1 filing)
Nonstatutory Stock Option means an Option that by its terms does not qualify or is not intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.
Source: AppLovin Corp 10-K
Data extracted from 14 SEC EDGAR filings across 8 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.