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This is the way for companies to do right by the first few employees (and have a longer than 90 exercise window when leaving). I know a super early employee who
by dmarlow 5y ago
This is the way for companies to do right by the first few employees (and have a longer than 90 exercise window when leaving). I know a super early employee who left and had to take a loan to exercise and pay taxes. It's kind of sad to think about it.
- alasdair_ 5y agoI currently have a six figure tax bill because of exactly this issue. And I can’t sell the shares to anyone because transfer is forbidden.
- maerF0x0 5y ago> And I can’t sell the shares to anyone because transfer is forbidden. IMO this should be illegal. It's your property and they should not be allowed to bar it's sale.
- zepto 5y agoShares aren’t really ‘property’. They are a financial / legal instrument created by statutes and contracts.