Can a company let me keep options after I leave employment?
February 26, 2007
Date: Wed, 03 Jan 2007
Can a public company allow me to hold my options after I leave the company and exercise them at a later date?
Thanks for your help.
Date: Wed, 31 Jan 2007
Yes. However, most companies only allow their employees to continue to have the right to exercise employee stock options for a limited time. Also, an option can only be treated as an ISO or ESPP if the individual was an employee from the time the option was granted until the date three months before the date of exercise. If the company allows you to extend ISOs or ESPPs, they will be converted to non-qualified stock options.