Stock Options at Google
Dec 14, 2006
The Workplace
Google announced a new compensation program for it’s employees, called Transferable Stock Options (TSO).
The key difference in this program is that employees will also be able to sell vested options to the highest-bidding financial institution, which may be willing to pay a premium above the difference between the exercise price and the market price for Google stock (even when the exercise price is higher than the market price).

