That's assuming employees are allowed to sell 100% of shares. Often tender offers have a cap - e.g. 10%. Not saying that's the case here, just mentioning it mig

That's assuming employees are allowed to sell 100% of shares. Often tender offers have a cap - e.g. 10%. Not saying that's the case here, just mentioning it might be much less than you think. That being said, it's hard for me to believe many employees don't have 10x the amount you mentioned, and will be able to get ~1m worth for 10% of their shares. I could be 100% wrong on both fronts - but it's my 2 cents