4 ms·
I only have experience from being in a recent similar position to you. One thing I would say is, a lot of options related decisions require getting board appro
by nickjj 5y ago
I only have experience from being in a recent similar position to you.
One thing I would say is, a lot of options related decisions require getting board approval so it might not be as easy as getting your contact to agree to some figure you had in mind. You might also not even be allowed to know how much you're getting until you're already hired due to policies around how the options are valued / issued.
Personally if I were you, if you're looking for a new long term position with stock options I'd try to find a publicly traded company. Mentally I imagine it'll be a lot easier knowing what you'll get based on them providing you +?? stock options per year that you can sell as soon as they're vested for real money. Or if you like it a lot where you're at, maybe they'll give you a better salary to compensate for not having options if you bring up that you're looking to leave.
- mateo411 5y agoDo publicly traded companies typically give stock options(ISOs)? I think they typically give RSUs, these are great because they are liquid, but they are also taxed as income tax which is about twice as high as the long term capital gains.
- nickjj 5y agoOne person I know of gets real stock (AFAIK). It took a few years of working there initially before they were vested but now he can choose to sell them immediately after they become available to him every year and pay income tax on it or hang onto them for >= 1 year and then they get treated as long term capital gains like regular stock. He bought his entire house with the stock he accumulated over the 10ish years he worked there.