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Bus/Financial - Finance (general) / Stocks, employee compensation plans | | Chinese term or phrase: 未生效的股票 | | [AAA] 公司有个员工股票奖励计划。公司会根据员工股票奖励计划分批把写有员工名字的股票(Share Certificate) 发给员工，未生效的股票由财务经理存储。 |
| | | English translation:out-of-the-money share certificates | Explanation:
The share certificates are not yet exercisable (probably because the stock price has not reached the target threshold, or maybe for another performance-related condition not being met). |
| Selected response from:
Pierrick Jaouen, CFA
Vietnam
Local time: 05:19
| Grading comment thanks! :)
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The translation workplace 
