Cashless Exercise - A transaction that is used when exercising employee stock options (ESO). Essentially, what you do here is borrow enough money from your broker to exercise the options. You then simultaneously sell enough shares to pay for the purchase, taxes, and broker commissions.
Cashless Exercise : a transaction that is used when exercising employee stock options (eso). essentially, what you do here is borrow enough money from your broker to exercise the options. you then simultaneously sell enough shares to pay for the purchase, taxes, and broker commissions.
Cashless Exercise