Large Copy Edit of stock options handbook page
The stock options page had several issues that I'm trying to resolve in this MR:
- Sections not in a logical order
- non-standard markdown that do not conform to the company standards.
- Some parts could be slightly clearer
The signification changes are (see image below as well):
- Introductory sections moved to the top (
about your ownership/stock options), withgrant levelsa subsection ofstock options. -
stock splitsmoved next tostock dilution -
exercising your optionsmoved out one level, andoption expirationandexercise windownow subsections of it.- language slightly touched up to remove duplication of information here.
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how to exercise your stock optionsnow a subsection ofadministration, since they are related (Carta usage)- language slightly touched up to remove duplicate information here.
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non-US employeessection broken out into country-specific sections, to make it easier to find and easier to ignore information not related to your country. -
stock options board meeting reportingmoved to the bottom, with the other "paperwork" guide (Procedures for issuing...), since these are not useful to the majority of GitLabbers (and targeted to only a few, or one, staffer) -
Questionsmoved down withreferences, as is more standard. -
The dual class structure ...section removed, since it was just a one sentence intro, and now clear with the new structure and touched up language here. This resulted in the 4 subsections moving left in the tree.-
effect of dual-classmoved to the top of the 4 items, as it's more logical this way.
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Additionally:
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stock splitsmade clearer by adding(total value $10,000)to the example. -
the word
effectedchanged toexecuted -
fixed typos, grammar mistakes, deleted extra blank lines
-
the sample letter put in a code block (
```) so that it copies and pastes properly now. -
option 5 in
US employees with incentive stock optionsseemed to be wrong, so updated both 4. and 5.:4. Sell shares one year and a day after you exercised the options + less than two years from the original grant date.5. Sell shares one year and a day after you exercised the options + at least two years from the original grant date.-
4. Sell shares at least one year and a day after you exercised the options, but less than two years from the original grant date.(Updated) -
5. Sell shares at least two years from the original grant date.(Updated)
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double spaces after periods removed
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bullet lists made uniform throughout the page (hyphens instead of asterisks)
Edited by Marcel Amirault
