1. K") represent psychological thresholds of impending substantial wealth (that is often deemed as windfall), and hence, are conjectured to have substantial psychological effects on employees (risk-taking, motivation/effort, compensation, propensity for fraud, etc.), managers (risk-taking, motivation/effort, compensation, propensity for fraud, perceived volatility, performance standards, etc.), investors (valuation, perceived risk, volatility, etc.), the stock market (volatility, valuation, etc.) and VCs (risk, valuation, etc.). The effect of Strike-Price is most pronounced: a) in public companies; b) EBIs/ESOs with fixed vesting periods and or terms and or Strike Prices;EBI strike prices