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My understanding is as soon as you exercise your options you own them, and the company can’t take them from you. Can anyone confirm this?
by p1esk 2y ago
My understanding is as soon as you exercise your options you own them, and the company can’t take them from you.
Can anyone confirm this?
- eru 2y agoWith private stocks, they can put further restrictions on what you can do with your stocks.
- p1esk 2y agoSure, but in the event of liquidity, can they refuse to pay me the value of my shares? For any reason?
- eru 2y agoIf they have even moderately clever lawyers and accountants, yes. See eg https://en.wikipedia.org/wiki/Shareholder_rights_plan https://en.wikipedia.org/wiki/Shareholder_rights_plan also known as a 'Poison Pill' to give you inspiration for one example.