N****g 发帖数: 2829 | 1 最近跳槽去一家pre-IPO 的startup,offer里说给了5万股Stock Option(不是RSU),
分4年给,一年后可以开始享受25%。但进公司一个多月还没收到任何证明说我拥有5万
Stock option。问了HR,HR说最近正在进行新一轮的venture capital funding,要再
过一两个月股价定了以后,会给我一份agreement。我说不是股票价格每个月都会由公
司定吗?她说公司股票价格是请外面公司定的,目前的价格在过去几年内都没变过,并
说4年vesting time从我进公司那天开始算。
但我还是感觉很奇怪,为啥要等新的股票价格定了才能给我stock option agreement,
如果股价比现在涨了,我不是亏了?不是很懂Stock Option运作方式,还请大侠指教。 |
P**********c 发帖数: 3417 | 2 本来就是这样的,一般option定价都是你进去之后,你进去前不知道你拿到的是什么价
格,只能通过近几年的趋势估算一下。如果不是你认准的早期startup或者特别promising
的,变废纸的可能性挺大的。
【在 N****g 的大作中提到】 : 最近跳槽去一家pre-IPO 的startup,offer里说给了5万股Stock Option(不是RSU), : 分4年给,一年后可以开始享受25%。但进公司一个多月还没收到任何证明说我拥有5万 : Stock option。问了HR,HR说最近正在进行新一轮的venture capital funding,要再 : 过一两个月股价定了以后,会给我一份agreement。我说不是股票价格每个月都会由公 : 司定吗?她说公司股票价格是请外面公司定的,目前的价格在过去几年内都没变过,并 : 说4年vesting time从我进公司那天开始算。 : 但我还是感觉很奇怪,为啥要等新的股票价格定了才能给我stock option agreement, : 如果股价比现在涨了,我不是亏了?不是很懂Stock Option运作方式,还请大侠指教。
|
N****g 发帖数: 2829 | 3 谢谢回答。这个option定价是多久定一次?有固定周期吗?我原来以为每个月都会定一
个价并公告给所有持股人,然后当月进公司的新员工就按当月的价来算Stock Option?
promising
【在 P**********c 的大作中提到】 : 本来就是这样的,一般option定价都是你进去之后,你进去前不知道你拿到的是什么价 : 格,只能通过近几年的趋势估算一下。如果不是你认准的早期startup或者特别promising : 的,变废纸的可能性挺大的。
|
d**u 发帖数: 1065 | 4 简单地讲就是公司不想太让利,也就是不想让你太得利,所以要等valuation之后,定
一个他们能承受的strike price。我觉得,凡是还没上市startup,不给rsu,只给
option的都算比较扣的,除非option的strike是白菜价,那么才和rsu差不多。 |
N****g 发帖数: 2829 | 5 我现在才知道,没上市的option只有买的权利,没有卖的权利,除非你等到它上市或被
收购的那一天才能卖。这样的话我的风险是很大的,因为我是自掏腰包花真金白银去买
它的股票的,买了以后又不能随时变现,如果以后公司在IPO前就倒闭了,我就亏大了
。 |
D****P 发帖数: 229 | 6 No, you do not take any risk in holding options. The options give you the
right to exercise them, and you can always choose not to do so. For example,
if you have the 10,000 options of Zynga at strike price of $8.00. Of course
you do not want to exercise these option at present stock price. But if
after one year the stock price jump to $18.0, then your option would worth $
100,000.
【在 N****g 的大作中提到】 : 我现在才知道,没上市的option只有买的权利,没有卖的权利,除非你等到它上市或被 : 收购的那一天才能卖。这样的话我的风险是很大的,因为我是自掏腰包花真金白银去买 : 它的股票的,买了以后又不能随时变现,如果以后公司在IPO前就倒闭了,我就亏大了 : 。
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N****g 发帖数: 2829 | 7 你说的是已经上市的公司,但对于没上市的公司,你怎么卖你手里的股票?
example,
course
$
【在 D****P 的大作中提到】 : No, you do not take any risk in holding options. The options give you the : right to exercise them, and you can always choose not to do so. For example, : if you have the 10,000 options of Zynga at strike price of $8.00. Of course : you do not want to exercise these option at present stock price. But if : after one year the stock price jump to $18.0, then your option would worth $ : 100,000.
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w**z 发帖数: 8232 | 8 You don't exercise the option until you are certain it will go public or
someone acquires the company
But if the option is exercised for more than one year and granted for more
than two years, if it's ISO, it has long term captain gain treatment. But
need to pay AMT while exercising.
【在 N****g 的大作中提到】 : 你说的是已经上市的公司,但对于没上市的公司,你怎么卖你手里的股票? : : example, : course : $
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N****g 发帖数: 2829 | 9 如果我在下次跳槽要离开公司的时候还不能确定公司一定能IPO成功或被收购,那就只
能放弃那些Stock Option了是吗?否则我就要take巨大的risk了。
【在 w**z 的大作中提到】 : You don't exercise the option until you are certain it will go public or : someone acquires the company : But if the option is exercised for more than one year and granted for more : than two years, if it's ISO, it has long term captain gain treatment. But : need to pay AMT while exercising.
|
w**z 发帖数: 8232 | 10 Yes. But for early stage startup, if they are giving the 50K options, the
strike price should be within a couple of bucks, the cost to exercise is not
that big.
If you decide to leave the company, normally your option expires within 3
months. It will be a tough call at that time.
【在 N****g 的大作中提到】 : 如果我在下次跳槽要离开公司的时候还不能确定公司一定能IPO成功或被收购,那就只 : 能放弃那些Stock Option了是吗?否则我就要take巨大的risk了。
|
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N****g 发帖数: 2829 | 11 In my case, not a couple of bucks, but a couple thousand bucks.
not
【在 w**z 的大作中提到】 : Yes. But for early stage startup, if they are giving the 50K options, the : strike price should be within a couple of bucks, the cost to exercise is not : that big. : If you decide to leave the company, normally your option expires within 3 : months. It will be a tough call at that time.
|
w**z 发帖数: 8232 | 12 I meant a couple of bucks per share. So it should be a several thousands
bucks per year. It's your call..
【在 N****g 的大作中提到】 : In my case, not a couple of bucks, but a couple thousand bucks. : : not
|
f*******n 发帖数: 12623 | 13 Some companies allow you to early-exercise your option (exercise before it
is vested; usually immediately at time of grant). Then you can file 83b
election and don't have to worry about tax issues.
【在 w**z 的大作中提到】 : You don't exercise the option until you are certain it will go public or : someone acquires the company : But if the option is exercised for more than one year and granted for more : than two years, if it's ISO, it has long term captain gain treatment. But : need to pay AMT while exercising.
|
N****g 发帖数: 2829 | 14 最近跳槽去一家pre-IPO 的startup,offer里说给了5万股Stock Option(不是RSU),
分4年给,一年后可以开始享受25%。但进公司一个多月还没收到任何证明说我拥有5万
Stock option。问了HR,HR说最近正在进行新一轮的venture capital funding,要再
过一两个月股价定了以后,会给我一份agreement。我说不是股票价格每个月都会由公
司定吗?她说公司股票价格是请外面公司定的,目前的价格在过去几年内都没变过,并
说4年vesting time从我进公司那天开始算。
但我还是感觉很奇怪,为啥要等新的股票价格定了才能给我stock option agreement,
如果股价比现在涨了,我不是亏了?不是很懂Stock Option运作方式,还请大侠指教。 |
P**********c 发帖数: 3417 | 15 本来就是这样的,一般option定价都是你进去之后,你进去前不知道你拿到的是什么价
格,只能通过近几年的趋势估算一下。如果不是你认准的早期startup或者特别promising
的,变废纸的可能性挺大的。
【在 N****g 的大作中提到】 : 最近跳槽去一家pre-IPO 的startup,offer里说给了5万股Stock Option(不是RSU), : 分4年给,一年后可以开始享受25%。但进公司一个多月还没收到任何证明说我拥有5万 : Stock option。问了HR,HR说最近正在进行新一轮的venture capital funding,要再 : 过一两个月股价定了以后,会给我一份agreement。我说不是股票价格每个月都会由公 : 司定吗?她说公司股票价格是请外面公司定的,目前的价格在过去几年内都没变过,并 : 说4年vesting time从我进公司那天开始算。 : 但我还是感觉很奇怪,为啥要等新的股票价格定了才能给我stock option agreement, : 如果股价比现在涨了,我不是亏了?不是很懂Stock Option运作方式,还请大侠指教。
|
N****g 发帖数: 2829 | 16 谢谢回答。这个option定价是多久定一次?有固定周期吗?我原来以为每个月都会定一
个价并公告给所有持股人,然后当月进公司的新员工就按当月的价来算Stock Option?
promising
【在 P**********c 的大作中提到】 : 本来就是这样的,一般option定价都是你进去之后,你进去前不知道你拿到的是什么价 : 格,只能通过近几年的趋势估算一下。如果不是你认准的早期startup或者特别promising : 的,变废纸的可能性挺大的。
|
d**u 发帖数: 1065 | 17 简单地讲就是公司不想太让利,也就是不想让你太得利,所以要等valuation之后,定
一个他们能承受的strike price。我觉得,凡是还没上市startup,不给rsu,只给
option的都算比较扣的,除非option的strike是白菜价,那么才和rsu差不多。 |
N****g 发帖数: 2829 | 18 我现在才知道,没上市的option只有买的权利,没有卖的权利,除非你等到它上市或被
收购的那一天才能卖。这样的话我的风险是很大的,因为我是自掏腰包花真金白银去买
它的股票的,买了以后又不能随时变现,如果以后公司在IPO前就倒闭了,我就亏大了
。 |
D****P 发帖数: 229 | 19 No, you do not take any risk in holding options. The options give you the
right to exercise them, and you can always choose not to do so. For example,
if you have the 10,000 options of Zynga at strike price of $8.00. Of course
you do not want to exercise these option at present stock price. But if
after one year the stock price jump to $18.0, then your option would worth $
100,000.
【在 N****g 的大作中提到】 : 我现在才知道,没上市的option只有买的权利,没有卖的权利,除非你等到它上市或被 : 收购的那一天才能卖。这样的话我的风险是很大的,因为我是自掏腰包花真金白银去买 : 它的股票的,买了以后又不能随时变现,如果以后公司在IPO前就倒闭了,我就亏大了 : 。
|
N****g 发帖数: 2829 | 20 你说的是已经上市的公司,但对于没上市的公司,你怎么卖你手里的股票?
example,
course
$
【在 D****P 的大作中提到】 : No, you do not take any risk in holding options. The options give you the : right to exercise them, and you can always choose not to do so. For example, : if you have the 10,000 options of Zynga at strike price of $8.00. Of course : you do not want to exercise these option at present stock price. But if : after one year the stock price jump to $18.0, then your option would worth $ : 100,000.
|
|
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w**z 发帖数: 8232 | 21 You don't exercise the option until you are certain it will go public or
someone acquires the company
But if the option is exercised for more than one year and granted for more
than two years, if it's ISO, it has long term captain gain treatment. But
need to pay AMT while exercising.
【在 N****g 的大作中提到】 : 你说的是已经上市的公司,但对于没上市的公司,你怎么卖你手里的股票? : : example, : course : $
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N****g 发帖数: 2829 | 22 如果我在下次跳槽要离开公司的时候还不能确定公司一定能IPO成功或被收购,那就只
能放弃那些Stock Option了是吗?否则我就要take巨大的risk了。
【在 w**z 的大作中提到】 : You don't exercise the option until you are certain it will go public or : someone acquires the company : But if the option is exercised for more than one year and granted for more : than two years, if it's ISO, it has long term captain gain treatment. But : need to pay AMT while exercising.
|
w**z 发帖数: 8232 | 23 Yes. But for early stage startup, if they are giving the 50K options, the
strike price should be within a couple of bucks, the cost to exercise is not
that big.
If you decide to leave the company, normally your option expires within 3
months. It will be a tough call at that time.
【在 N****g 的大作中提到】 : 如果我在下次跳槽要离开公司的时候还不能确定公司一定能IPO成功或被收购,那就只 : 能放弃那些Stock Option了是吗?否则我就要take巨大的risk了。
|
N****g 发帖数: 2829 | 24 In my case, not a couple of bucks, but a couple thousand bucks.
not
【在 w**z 的大作中提到】 : Yes. But for early stage startup, if they are giving the 50K options, the : strike price should be within a couple of bucks, the cost to exercise is not : that big. : If you decide to leave the company, normally your option expires within 3 : months. It will be a tough call at that time.
|
w**z 发帖数: 8232 | 25 I meant a couple of bucks per share. So it should be a several thousands
bucks per year. It's your call..
【在 N****g 的大作中提到】 : In my case, not a couple of bucks, but a couple thousand bucks. : : not
|
f*******n 发帖数: 12623 | 26 Some companies allow you to early-exercise your option (exercise before it
is vested; usually immediately at time of grant). Then you can file 83b
election and don't have to worry about tax issues.
【在 w**z 的大作中提到】 : You don't exercise the option until you are certain it will go public or : someone acquires the company : But if the option is exercised for more than one year and granted for more : than two years, if it's ISO, it has long term captain gain treatment. But : need to pay AMT while exercising.
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z****r 发帖数: 119 | 27 Early-excercise实际中多不多?
【在 f*******n 的大作中提到】 : Some companies allow you to early-exercise your option (exercise before it : is vested; usually immediately at time of grant). Then you can file 83b : election and don't have to worry about tax issues.
|