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Understanding your equity options when voluntarily leaving a company
Applies to:
Unvested RSUs are typically forfeited. Vested RSUs are yours to keep.
You usually have 90 days to exercise after leaving. ISOs may convert to NSOs.
You usually have 90 days to exercise vested options after leaving.
Contributions may be refunded. Check your enrollment period status.
When you leave your job, the clock starts ticking on critical decisions about your equity compensation. Here's what you need to know.
Unvested RSUs: Typically forfeited when you leave. Check your grant agreement for any acceleration provisions.
Vested RSUs: Already yours. You own the shares and can hold or sell them at any time.
Unvested Options: Usually forfeited at departure.
Vested Options: You typically have 90 days after your last day to exercise vested options. This period varies by company - check your plan documents.
Important: If you don't exercise within this window, your vested options are forfeited.
Current Contributions: Usually refunded without interest if you leave mid-period.
Purchased Shares: Yours to keep. You own them outright.
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This content is for educational purposes only and does not constitute financial advice. The information provided is general in nature and may not appl...
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