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If they didn't get options, tax would have had to be paid as each RSU vested if it was not paid with an 83b election. So again, I don't see why Stripe has a ta
by raylad 4y ago
If they didn't get options, tax would have had to be paid as each RSU vested if it was not paid with an 83b election.
So again, I don't see why Stripe has a tax bill now.
- deleted 4y ago[deleted]
- kasey_junk 4y agoRSU don’t allow an 83b. Stripe issued double trigger RSU so the tax is only due when the second trigger occurs, which hasn’t happened yet. Some of the RSU have upcoming expiration dates as required by IRS rule. To avoid those expiration dates Stripe wants to do something. That something probably involves a big tax withholding for Stripe that must be paid in cash. Stripe doesn’t intend to go public soon so is seeking an alternate way to come up with that cash.