Reload Option
An employee stock option that grants additional options upon exercise of the original.

Investopedia Says:
The employee satisfies the exercise price of their current option with shares rather than cash. The reload option will have the same expiry date as the original option, however, the strike price will be equal to the share price at the time the original option is exercised.

Also known as restoration option.

Related Terms:
Early Exercise
Employee Stock Ownership Plan - ESOP
Evergreen Option
Exercise
Option
Strike Price

• Performance Bond
• Performance Drag
• Performance Index Paper (PIP)
• Performance Shares
• Period Certain
• Periodic Interest Rate
• Periodic Inventory
• Permanent Capital Vehicle (PCV)
• Permanent Capital Vehicle (PCV)
• Permanent Life Insurance
• Permissible Non-Bank Activities
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• Personal Consumption Expenditures (PCE)
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• Personal Equity Plan (PEP)
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• Personal Finance
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• Per Stirpes