Equity Compensation

Yes, for the portion of the equity that vested while you were working in that state. States track "workdays" from grant to vest to determine their cut.

Certification is the formal process where the Board of Directors confirms that the performance goals were actually met. This is the official trigger for the vesting and delivery of the...

Yes. Just like RSUs, if you leave before the performance period ends and the shares are delivered, you typically forfeit the award unless you have a specific "retirement eligible" clause...

Check your plan document, but its possible that performance awards allow for a payout of 150% to 200% of the "Target" shares if the company exceeds its goals.

No. There is no taxable event at grant. Taxes are only triggered once the performance metrics are met, and the shares are delivered to your account.

At a minimum, you should review your grants twice a year: once during your annual performance review and once during tax planning season (late Q3 or early Q4). This ensures...

There is no legal cap on the total amount of equity a company can grant you, but there are IRS limits on the specific tax treatment of certain vehicles, such...

Generally, no. Once shares are vested and delivered to you, you own them outright. However, some private companies have "clawback" provisions or a "right of first refusal" (ROFR) if you...

In most cases, unvested equity is forfeited immediately upon termination. Some agreements have "accelerated vesting" in the event of a layoff or acquisition, but you should always review your specific...

Tender offer windows are strictly enforced. If you miss the deadline, you typically lose the opportunity to sell until the next liquidity event, which could be months or years away.

Many companies offer "cashless" participation in a tender offer, where they exercise the options and sell the resulting shares simultaneously, deducting the strike price and taxes from your proceeds. Note...

You can often select specific "lots" (groups of shares) to sell. To maximize tax efficiency, you may want to prioritize shares that meet the requirements for long-term capital gains or...