CURRENT STOCK PRICE

Current stock price. If this price is above your option strike price, you are already in the money. If the current stock price is currently below the option strike price, your options will not have any value until the current stock price exceeds the strike price.

STOCK APPRECIATION

This is the annual rate of return you expect from the stock underlying your options. Thanks to the leveraged nature of your stock options, once the underlying stock value has exceeded your strike price, the value of your options will increase at an accelerated rate.

NUMBER OF OPTIONS

This is the number of stock options you were granted.

STRIKE PRICE

The strike price is the stock price that your options were issued at. The underlying stock price must exceed the strike price for your options to have any value.

NUMBER OF YEARS

The number of years you expect to hold these options. This can be any number from one to twenty-five.