Definition
Converting an option into actual shares by paying the strike price.
Examples
He decided to exercise before leaving the company.
Origin
Modern business/startup term; used as practical shorthand in product, growth, and investing.
Use it in Nautis
Track exercise alongside everything else in your startup.
Nautis brings planning, fundraising, finance, and operations into one AI-native workspace — so concepts like exercise stop being spreadsheet trivia and start showing up where decisions get made.