Cashless exercise
Cashless exercise
Cashless exercise is a means of exercising an employee stock option without producing any cash. The optionholder borrows money from a broker to exercise the option, and then directs the broker to simultaneously sell enough shares to repay the borrowed funds.
National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed |
|
| 15 yr fixed | 4.36 |
| 5/1 ARM | 3.76 |
Rates may contain points