Evergreen Option
An employee option plan that grants additional shares to the plan every year. Also known as an "evergreen plan". Investopedia Says:
The number of shares granted to the plan is determined by a set percentage of the company's common shares outstanding.
In most cases, these plans don't have an expiry date and do not require shareholder approval. Related Terms:
Dilution
Employee Stock Ownership Plan - ESOP
Evergreen
Outstanding Shares
Reload Option
Stock Option |