Executive Equity & Stock Compensation Lawyer Ohio
Executive compensation packages can be complex offers that executive level employees receive from their employers based on job services performed or during the job offer process.
To help you understand the terms of such a package, The Friedmann Firm equity compensation attorneys in Columbus, Ohio are here to review and negotiate for you to ensure you receive the compensation and protection you deserve. We will also hold your employer accountable if they have violated previous agreements related to your equity and stock options.
With our specialization in employment law, we are here to help you – no matter the industry.
Equity and Stock Compensation Employment Lawyers in Columbus
The Friedmann Firm team of Columbus stock option lawyers for employees are here to make sure that you understand all you need about executive compensation and stock options. We work with executive employees to ensure that you fully understand the possible rewards, limitations, and risks that come with any kind of equity compensation that your employer is offering.
While we ensure that you understand all that you are being offered, we will also review and negotiate your executive compensation package on your behalf. With years of experience in handling employment contracts and executive negotiations, one of our equity compensation attorneys will be able to take you through the complete process.
What is Equity Compensation?
Equity compensation consists of any kind of non-cash payment that an employer offers to its employees. This kind of compensation will typically be an offer of shares in the company or the option to buy shares.
The different types of equity compensation can include stock options, performance shares, and more – with stock options being one of the most common. Each of these options represents a form of ownership in the business for the employees.
Equity compensation is an employment benefit that is offered by a wide range of public companies and some private companies, such as startup businesses where this compensation may be offered to help supplement traditional compensation.
If you have been offered equity compensation from your employer, it can be extremely beneficial to have a stock option agreement lawyer in Columbus, OH take a look at your employment offer. We can help explain what your individual equity compensation means for you and provide advice on how to proceed.
Common Types of Equity Compensation
There are a few different types of equity compensation that you may be offered by your employer. Common types include:
- Non-qualified stock options (NSO): an employee stock option where an employee will be taxed at the ordinary income tax rate on any profit they make off of the shares. NSOs can be offered to employees, contractors, and consultants.
- Incentive stock options (ISO): a stock option that offers employees the chance to buy shares of the company they work for, often at a discounted price. ISOs are typically taxed at the capital gains rate as opposed to the ordinary income tax rate.
- Restricted stock: a form of equity compensation that issues non-transferable shares in a company to employees. These shares have conditions tied to them about when an employee can sell them and they typically have a vesting period of several years.
- Performance shares: a stock share that is awarded to employees who are managers or who work at the executive level when certain criteria are met in regard to the business’s overall performance.
Take the time to review any offers by having a lawyer review the stock options agreement that you are presented with.
We understand the legal considerations that you as an employee should keep in mind when it comes to equity compensation and stock offers, especially as you move further in your career.
Equity compensation offers can be complex and our executive equity compensation lawyers in Columbus are here to help ensure that you understand the options and terms presented to you.
Terminating Right to Stock Options Through a Severance Agreement
If you find yourself facing termination, your equity and stock compensation will be an important factor that you’ll want to ensure is included in any severance agreement your employer offers.
Sometimes an employer may offer a less than satisfactory severance agreement that leaves out important details or neglects prior benefits to which you were entitled.
That is where an experienced stock option agreement lawyer in Columbus, Ohio will provide value in counseling. We work to protect your rights and equity compensation and ensure that you leave your position with what you are owed.
Contact Our Stock and Equity Compensation Attorneys in Ohio
Even if you already feel you have a top-notch understanding of equity and stock options, seeking out additional legal counsel at key turns in your career can make a significant difference in value.
Connect with The Friedmann Firm today to schedule a free consultation with one of our executive compensation employment lawyers in Columbus. Contact us online or over the phone at 614-610-9755 today.
AREAS OF PRACTICE
Rachel was absolutely amazing. As an attorney she really took the time to really listen to my concerns. She was honest and kept me informed every step of the way. The outcome was favorable on my behalf and I appreciate her efforts to achieve a good outcome. I would highly recommend her and the Friedmann firm to represent me if ever needed in future.
Working with Rachel Sabo from Friedmann Firm was absolutely amazing! She upholds integrity, honesty and without a doubt fights for what is right! Rachel was extremely transparent and real! Please don’t let wrong be right, Rachel will strive to advocate and put her whole heart in obtaining resolve in your situation! What an absolute blessing, she won my case in less than 1 week💪
My experience with the Friedmann Firm is an absolute 5 stars. From my very first call with Karen, to all of my communication with Rachel, everything exceeded all of my expectations. Rachel and Karen were so caring and understanding in a very sensitive situation. They responded immediately to any questions or concerns I had. I would HIGHLY recommend the Friedmann Firm. They are caring, professional, understanding, and I would trust them with any issue I have in the future.
Rachel and the Friedmann Firm were fantastic to work with. The thought of needing an employment lawyer was scary for me, it was confusing and complex. But Rachel listened, asked questions and took time to really understand me and my priorities. I felt calm, supported and excited for the first time in weeks after talking to her!! We worked together to review everything, set expectations and meet my priorities! Thanks Rachel and team for all your work!!!
Rachel Friedmann of the Friedman Firm was my attorney for a very recent legal matter. I would highly recommend Rachel based on her legal knowledge, her honest appraisal of the matter and expected outcomes, her open communication and timely responses to my questions and the matter itself, and her steadfastness in dealing with the opposing counsel until a final agreement was reached.
Rachel and her staff went over and above the call of duty to help me achieve fiscal resolution to my legal issue. She wasn’t always available to talk but was always responsive via text and email when in court out of the office and even on vacation. I feel she earned her percentage cut.
Couldn’t be happier with the representation I received from Jamie Bailey on my civil litigation case. She worked tirelessly to resolve the case and in the end negotiated a fair settlement on my behalf. I would highly recommend her to anyone! Thanks for everything Friedman law firm.
Friedman Firm was a great help in a difficult time in my life. They went above and beyond to get me back on track. Rachel was so good to work with and is extremely knowledgeable about the law and employment rights. Can't thank them enough for all there hard work. Highly recommend them to anyone.
The Friedmann Firm (specifically Pete Friedmann) represented me through what seemed like a never ending employment discrimination suit. The suit was filed just before Covid shut everything down in 2020. Add to that a former employer who refused to admit fault. In spite of all of that, Pete stood resolute in his representation of me and working for the best outcome for me. We ended up settling prior to trial and I was more than satisfied with the results. Pete was always available to answer questions and reassure me throughout this process. I highly recommend The Friedmann Firm!
Pete Friedmann and his firm are fantastic. He represented me for more than a year going through a suit with a previous employer. He walked me through every step of the process and was always quick to respond to any questions I had. My settlement came in and we parted ways with both sides being pleased with the outcome. I highly recommend the Friedmann firm and wouldn’t hesitate to use them again in the future if the need arose. Thank you, Pete!
Rachel and the Friedmann Firm have been amazing to work with. Rachel was very helpful, listened to our concerns and took our case. She communicated well throughout and really worked for us. We were very well represented!
I loved working with The Friedmann Firm. Rachel and Jamie are exceptional lawyers and were diligent in reviewing my case and letting me know of my options. Jamie was extremely thorough and handled even the smallest details of my case with ease. The entire process was seamless and they were always quick to respond to emails and calls. I would definitely recommend working with The Friedmann Firm.
I would recommend Rachel Sabo Friedmann and the Friedmann firm for severance negotiations. Rachel was always available and responsive and made an effort to ensure I was updated on every step of the process. Her diligent efforts produced a prompt resolution and we are very happy with the results!