Estimated Unvested Market Value
Understand the estimated unvested market value of my stock plan benefits
The Estimated Unvested Market Value displayed for your stock plan holdings is the sum total of the:
- Current net value of any stock options granted to you that have not yet vested and are in the money.
This value is calculated as the sum of the net values for each distinct option grant. The current net value of each grant is the current ticker price minus the option strike price for that grant, multiplied by the number unvested shares within that grant. If the option strike price is greater than the current ticker price, the value of that grant is considered to be zero.
For example:
- You have one unvested grant of 100 options with a strike price of $1. The current ticker price is $5.10. The current net value of this unvested grant is $410 (the $5.10 ticker price less the $1 strike price for a subtotal of $4.10, which is then multiplied by 100 unvested shares for a total of $410).
- You have a second grant of 100 options. The strike price for these options is $6 and the current ticker price is $5.10. Because the strike price is greater than the current ticker price, the current net value of this unvested grant is zero.
- The current net value of all your stock option grants is displayed as $410 for the first grant plus $0 for the second grant.
- The current market value of any unvested restricted stock shares in your account.
Only restricted stock grants you've received which are not yet vested are included in your total estimated unvested market value. For example, you have one grant of 400 shares where 25% of the shares have vested and been deposited in your account. The 100 vested shares are not included in the calculation.
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