It might be an naive assumption, but aren't shares for options usually set aside relatively early in the process? Interesting comment, just provoked me to do a

It might be an naive assumption, but aren't shares for options usually set aside relatively early in the process? Interesting comment, just provoked me to do a little research, as I had initially thought that stock options would be accounted as a future liability, and only a cost, at their strike price, when vested AND executed.