My current company is about to be acquired by a large public company. Our stock is most likely to be converted to this public company's stock. I am on a 4 year vesting plan with about half vested. I read/heard that we are supposed to auto vest on acquisition. The company announced that the last day to exercise is end of January. Should I exercise my vested options prior to acquisition?#stock #rsu #acquisition TC: 165K 3 yoe SWE
This is odd. Vested, private company shares should be converted into vested, public company shares as soon as the deal closes. You don’t get a choice — and you *will* have to pay the taxes on the new value. I don’t understand why exercising a week earlier will make any difference. Is the company accelerating the vesting for employees? Are these ISO?
I heard that in buyout they are accelerating to fully vested on some of the stock option contracts. I believe this to be the case for me. These are ISO.
Based on the info in this thread, you should exercise. ISO’s will have the least tax hit, and if you are getting accelerated vesting plus a 4X return, you are golden! Hold onto them for a year, unless you think the acquirer will tank.
Verb surgical is being acquired? Congrats! How much did you get out of it if you don’t mind me asking.
Not a significant amount. Expecting to at least 4x my strike price. Started about 2 years ago.
4x is pretty good for 3 yrs. did they give a lot stock option? Mind giving more info?
Is this confidential information? *Tsk tsk*
How is this confidential? Its public information on the acquisition. Maybe the acceleration or the buyout price. But these are just speculation or hear-say.
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I'm theory your options would be converted to the new company stock at current trade price and your exercise price would still be what it was when you started.