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When you convert your options to shares you pay the taxes. I'm not sure precisely why they converted at that point in time; it's possible it was in their employ
by kevingadd 11y ago
When you convert your options to shares you pay the taxes. I'm not sure precisely why they converted at that point in time; it's possible it was in their employment agreements or part of the terms of the IPO.
It may have been as simple as 'this stock price is going to go up after we go public, so it's in your best interest to buy the shares now'.
- Florin_Andrei 11y ago> It may have been as simple as 'this stock price is going to go up after we go public, so it's in your best interest to buy the shares now'. That's what I thought. Exercised too early.