First job. Joined a large multinational in the late 90s. Every new hire was given about $20k of in the money options right away. Option buy price at $20, share

First job. Joined a large multinational in the late 90s. Every new hire was given about $20k of in the money options right away. Option buy price at $20, share price at around $40. Within a year the SEC was investigating the top bosses. Stock price collapsed more than half. Options worth nothing. New management decided to restrike the price of the options for of many of my coworkers, erasing most of their loses. But mine were outside the magic period of time ://