My wife's company went public last year and we got few stock options with them at the price of $2
She has 500 stocks vested at this point and lock out period has opened up. Current company stock price is $10
When I try to exercise (buy and hold) the stock I am being charged = ($10 - $2) * 500 = $4000
I thought we would be getting the stock at $2 * 500 = $1000.
This does not make sense to me the way its being calculated.
Does all this seems correct ?