The article “Jeremy Goldstein Explains How Knockout Options Help Employers” can be viewed at https://thereisnoconsensus.com/jeremy-goldstein-explains-knockout-options-help-employers/. The article discusses stock options verses “knockout” options available that employers can offer to employees. The article also includes the reason why employers are deciding to remove stock options for employees. It also shows the advantages of stock options to employers such as all employees are equivalent and that it similarly encourages employees to aim for company success, the bigger the profit for the company the bigger the payout on the stock. Also detailed are the solutions to not offering stock options instead offering employees a “knockout” option and the definition of a “knockout”. The article concludes with considerations that must be made before ending stock options and applying the “knockout” option.
Jeremy Goldstein is a business lawyer. He established and is a partner of the law firm of Jeremy L. Goldstein & Associates LLC in New York. He has 15 years of experience in law. His education has included the New York University of School of Law, the University of Chicago, as well as Cornell University, and The Pingy School.
Jeremy Goldstein has worked with several companies including Verizon, Chevron, AT&T, Duke Energy, Bank One, and Merck. Jeremy Goldstein is also a board member of the Prestigious Law Journal and Fountain House a non-profit organization. He is also serving as chair of the Mergers & Acquisition Subcommittee of the Executive Compensation Committee of the American Bar Association Business Section. Jeremy Goldstein has also written several articles some of which can be found on the Harvard Law School Forum on Corporate Governance and Financial Regulation. Learn 1more: https://blogjeremygoldstein.tumblr.com/