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The fair market value was $3 per share. I calculated my AMT to be $0 and exercised. The company then retroactively quadrupled their fair market value price and
by lkesteloot 5y ago
The fair market value was $3 per share. I calculated my AMT to be $0 and exercised. The company then retroactively quadrupled their fair market value price and I suddenly had a $10k AMT bill. The company was private, so I couldn't even sell the shares to pay for it.
- lutorm 5y agoYup, the retroactive valuation updates for private companies can really screw you over.
- deleted 5y ago[deleted]