It's only cash if the company find a way to make it real, though.
I certainly never made 150kyr,in stock. How would you even exercise that and then handle the taxes? I guess if you have a retention salary?
I certainly never made 150kyr,in stock. How would you even exercise that and then handle the taxes? I guess if you have a retention salary?
1) Typically shares are treated as ordinary income when they vest, so you owe tax on that no matter what you do (but the vest price becomes your cost basis).
2) Wash sale rules apply to grant vesting events, so if your grants vest monthly every sale is a wash sale.
It's also important to note that the clock for long term capital gains tax starts at the date of exercise, so you'd still need to exercise the options, which will cost money.