Which of the Following Statements Related to Employee Stock Options

Multiple Choice

Which of the following statements related to employee stock options (ESO) are generally correct?
I. ESO vesting encourages long-term employment.
II. Most ESOs are issued at the money.
III. ESOs cannot be resold.
IV. ESOs that are in the money are frequently repriced.

A) I and II only
B) I and IV only
C) II and III only
D) I, II, and III only
E) I, II, III, and IV