3 ms·

Not true. Most options expire 10 years from grant date regardless of your employment status. This means fully vested option holders have 6 years from grant to e

Not true. Most options expire 10 years from grant date regardless of your employment status. This means fully vested option holders have 6 years from grant to exercise.

jzl 7y ago
Yep, and according to things I've previously read, AirBnb switched to RSUs in 2014 and those all have a 7 year expiration date.
- thebean11 7y ago
  I'm only familiar with RSUs in a public company, how can an RSU expire after vest? I thought once it lapses you simply own a share.
  - enra 7y ago
    Taxes. If company is not public, and the RSU converts, employees are hit with 30-50% income tax for the stock value you cannot easily sell.
  - yibg 7y ago
    Probably some sort of double trigger RSU, where the trigger event is likely an IPO or acquisition.