Do non-qualified stock options need to be exercised in date order?
February 11, 2004
Subject: Non Qualified Stock Options
Date: Sat, 24 Jan 2004
I can’t find anything that says NQSO’s need to be exercised in date order. Has that rule changed?
Date: Mon, 02 Feb 2004
No. To my knowledge, NQSOs were never required to be exercised in date order. Some plans could have provisions to that effect, which could supercede the general rule.