Metris Cos. has given a stock option to its 1,900 employees.

When the options vest, eligible employees will be able to purchase 100 shares at the Dec. 31, 1998, market price of $50.31 each. The vesting date is Jan. 4, 2002, or when Metris shares close at or above $100.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.