Did you have ISO options? If you did, how big is your tax burden due to IPO. What would be your break even price per share to cover for IPO tax. @LYFT
Rsu holders suck big time. They are likely taxed at IPO offering price and need to take capital loss now
For RSU holders, if it drops more than 40-50% from IPO price, outstanding tax bill can be more than the cash they get at the end of lock-up. Bad news.
Better call it a IP-Noooooo!!!
Lyft likely sells a proportional amount to stock to cover the tax bill, it should be fine unless they under withhold
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1 vs 5 Million - no lifestyle change
If you have ISOs you don’t get taxed until you sell
not true for AMT, you can trigger it from exercise and hold
Valid, I assumed people wouldn’t exercise if the stock is in free fall. And last private round was 40-45ish a share they still have a ways to go