Ask HN: Clerky Restricted Stock Awards to Advisors
I'm sure most of you have some experience with these things.
Question #1: I incorporated a Delaware entity (California foreign entity) with Clerky two weeks ago and created a stock plan with a Fair Market Value (FMV) of $0.003 per share. Currently, I'm issuing restricted stock awards to the advisors at the same FMV of $0.003. Are there any issues with this?
Question #2: "I have a couple of consultants in Canada and India. What would be the best way to assign them equity? It seems that awarding Restricted Stock Units (RSUs) would involve a lot of paperwork. On the other hand, issuing stock options requires the completion of a 409a valuation. How do you suggest I award equity to non-US consultants?"
I appreciate if you can answer my questions...thank you so much!