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The Dating Game, by James Surowiechi, The New Yorker: ..

When news broke, earlier this year, that some companies had backdated stock-option grants ...

The option price has to be based on the fair market appraisal of company stock as of the real date of grant, not as of the starting of the vesting period.The most common stock options are known as “at the money” options, which let you buy the company’s stock at the price that it had on the day of the grant.They’re valuable only if the stock price rises after you get them.You might want to speak to the CEO to see if he can find a way to make up for that, like giving you some extra options, or promising that the company will front the exercise price as a loan when it comes to it.have led to the resignation of dozens of top executives and investigations by the Securities and Exchange Commission and federal prosecutors. 29, Apple discussed the report and accounted for the impact of the earnings restatements in its 10-Q.

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