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Eric Raymond (ESR) was a director of VA Linux. I remember seeing on Yahoo Finance in '00, but haven't been able to find again, that on Dec 30th or 31st, 1999 he
by jboy55 4y ago
Eric Raymond (ESR) was a director of VA Linux. I remember seeing on Yahoo Finance in '00, but haven't been able to find again, that on Dec 30th or 31st, 1999 he exercised options for a 'gain' of around $2 million. He was locked from selling until around April. At that point all of his stock was worth around $6 million, which might have covered the AMT tax bill.
Edit: Found the log, not sure if "Aquired via Exchange" was a taxable event. If it is, there are a bunch
https://web.archive.org/web/20000617155153/http://biz.yahoo.com/t/l/lnux.html https://web.archive.org/web/20000617155153/http://biz.yahoo....