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In response to
"IPOll: if you're a Facebook employee with stock option(s), how soon after the IPO do you cash them bitches in?"
by
encyclopedia pixie
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IIRC, they can't do anything with them for six months (stock options can be a time bomb as some found out)
Posted by
zeitgeist
Feb 1 '12, 20:53
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if the stock tanks, the owner has to pay taxes on a gift valued at whatever they were worth went they got them, but if it sells for a fraction, they often owe more in taxes than what they sell for.
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