股权激励是目前大部分企业会去实施的一个留住人才发展企业的方式，当然效果是不错的，毕竟很多企业成功了。当然在这期间要制定好股权激励额的行权方式才行，下面来讲行权的几种方式吧。

　　At present, equity incentive is a way that most enterprises will implement to retain talents and develop enterprises. Of course, the effect is good, after all, many enterprises have succeeded. During this period, of course, we should formulate the vesting method of equity incentive amount. Here are several ways of vesting.

　　现金行使方式

　　Method of cash exercise

　　这是行使期权的常见方式，员工以现金支付行使价并持有购买的股票。行使期权时如需确认纳税人，员工需同时缴纳相关税费。不同的公司对税收和行权价格的管理有不同的规定。常见的做法是要求员工将税款和行使价结合起来，或者以单独的支票支付给公司。

　　This is a common way to exercise options, with the employee paying the strike price in cash and holding the purchased shares. If the taxpayer needs to be confirmed when exercising the option, the employee shall pay relevant taxes at the same time. Different companies have different rules governing taxes and exercise prices. It is common to require employees to combine taxes with the exercise price, or to pay the company in a separate check.

　　这种方式要求员工有足够的现金，并在行权后持有公司股票，员工将承担股价下跌的风险。事实上，这正是理论上的预期：一方面，员工支付行权价格，相当于对公司股票的一次投资，从而将切身利益与公司发展挂钩：另一方面，作为作为公司的一员，员工可以通过努力工作为公司创造价值，从而增加自身的利益，降低股价下跌的风险。

　　This method requires employees to have enough cash and hold company stock after exercise, and employees will bear the risk of a decline in the stock price. In fact, this is the theoretical expectation: on the one hand, the employees pay the exercise price, the equivalent of an investment in company stock, to tie the vital interests with the company development, on the other hand, as a member of the company, employees can create value for the company, by working to increase their own interests, reduce the risk of falling share prices.

　　激励对象不符合行权条件或未及时行权的处理办法

　　Incentive object does not meet the exercise of exercise conditions or not timely exercise of the treatment

　　一般而言，如果激励对象或公司业绩不符合行权条件，当前的股权激励主体将无法行权，公司将取消或按原授予价格回购部分股权激励主体。激励对象符合行权条件的当日公司业绩也符合行权条件，但激励对象在行权期内未行权全部期权的，股权激励对象的未行权部分应当注销。公司或按照原授予的价格进行回购。

　　Generally speaking, if the incentive object or the company's performance does not meet the exercise conditions, the current equity incentive subject will not exercise, the company will cancel or repurchase part of the equity incentive subject according to the original grant price. The performance of the company on the day when the incentive object meets the exercise conditions also meets the exercise conditions. However, if the incentive object fails to exercise all the options during the exercise period, the unexercised part of the equity incentive object shall be cancelled. The company may repurchase at the price originally granted.

　　现在的普遍做法是：即使激励对象未能达到行权目标，公司一般也不希望给激励对象造成损失。在限制性股票的前提下，如果一般公司同意激励对象不能行权或放弃行权，公司将按照激励对象支付的成本价和相应的利息回购。这种做法主要是为了使股权激励计划能够顺利实施，不会引起激励对象的反对，因为激励对象普遍不愿意参与可能给自己带来经济损失的股权激励计划。

　　It is now common practice that companies generally do not want to inflict losses on incentive targets even if they fail to achieve their exercise objectives. Under the premise of restricted stock, if the general company agrees that the incentive object cannot exercise the option or waives the option, the company will repurchase the stock according to the cost price paid by the incentive object and the corresponding interest. This approach is mainly for the smooth implementation of the equity incentive plan and will not cause the opposition of the incentive objects, because the incentive objects are generally unwilling to participate in the equity incentive plan that may bring economic losses to them.

　　另外，股票互换行权以及经纪人当日出售这两种也是比较常见的行权方式，大家可以来我们网站www.guquanzhanlue.com进行详细的了解。

　　In addition, the stock swap exercise and brokers sell the same day these two are more common exercise, we can come to our website for a detailed understanding. www.guquanzhanlue.com