Can I still exercise options given to me in 2000 and 2002?
September 18, 2006
Date: Thu, 06 Apr 2006
I was laid off from a high tech company in December 2002. I never exercised options granted during 2000 and 2002. Can I still exercise them, or were they cancelled?
Thanks in advance,
Date: Wed, 14 Jun 2006
You need to talk to the people at the company responsible for administering the employee stock option plans. Most options lapse shortly after leaving an employer, but some don’t. Also, look at the option agreement paperwork you received when the options were granted. You should find the answer in the agreement.