3 ms·
Carta's policy is that your PTE period is the length of your tenure. So those employees with > 3 years have > 3 years to exercise.
by VintageLight 6y ago
Carta's policy is that your PTE period is the length of your tenure. So those employees with > 3 years have > 3 years to exercise.
- wtvanhest 6y agoThat is a solid policy. Very fair.
- adrr 6y agoIf they are non-qual options, why not make them 10 years like other companies. Why the short expiration? I'd rather have ISOs and the chance to cut my tax burden in half. More importantly not having to pay taxes upfront to exercise the options. Doesn't seem employee friendly.
- VintageLight 6y agoThey are ISOs. The standard PTE for most companies is 90 days.
- adrr 6y agoBecause 90 days is the IRS rule for options to qualify as ISOs.