Or you can take less salary, buy your shares when you leave because strike price is 1/3rd of fair market value and they are going to have an IPO 'any minute now

Or you can take less salary, buy your shares when you leave because strike price is 1/3rd of fair market value and they are going to have an IPO 'any minute now' Then you can wait 5 years until they are bought by Time, Inc. Then you can get a polite letter explaining that you get nothing because only the senior stock shares were in the money. I'm glad there will be more scrutiny. Currently seems like 'heads I win, tails you lose'.