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0 pointsblindhippo13y ago0 comments

It's the same in Canada as far as I understand - but thing is, options aren't compensation unless the business is sold or goes public.

Unless I'm misunderstanding something, in which case I'll have to change my mind on this.

If I'm issued stock options in a privately held company at $1 per share, and I vest 200, I get $0 (the value hasn't changed since I was issued them). In order for the value to change, the company needs to be purchased or be listed on an exchange. No?

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rhc210413y ago· 2 in thread

Okay, I misinterpreted "give me actual stock" as preferring stock to options. Your definition of "actual stock" seems to be publicly traded stock.

blindhippoOP13y ago

In a sense yeah. The share option agreements I've seen haven't provided a way to flip the options into proper shares in the company that are under my name.

So the company boasts to me that I have "stock" in the company - I am a "owner" when in reality I'm not at all. I find it disingenuous.

Unless I'm completely misunderstanding this - I can never get a clear answer on any of this stuff.

Evbn13y ago

You seem confused. Private companies don't have any liquid stock to give. Options aren't the issue, just subtract salary minus share price and taxes to get net.

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