An ambitious stock option program, approved only 11 months ago by the board of Norwest Corp. as an incentive for front-line employees, appears about to be triggered years ahead of schedule.

The program, dubbed "Best Practices Partner Shares," has created a heady sense of anticipation among some of the company's 40,000-plus workers. They could get a tidy bonus of nearly $2,700 each in options when Norwest shares close above $60 for the first time.

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.