Sorry to ask such a naive query! I’m nonetheless attempting to grasp some firm inventory stuff higher, and want an grownup! I’ve some inventory awards and choices in my Morgan Stanley StockPlan Connect account. In the location, I see “Transact” for the inventory awards, and “Exercise” for the choices.
The query I’m trying to reply is… are these mine? Like if one thing occurs to my employment, for instance, will these vested shares and choices be protected? Or would I’ve to transact shares or train choices to “own” them?