What happens to my options if the company is acquired?
February 11, 2004
Subject: NQSO Question
Date: Tue, 20 Jan 2004
My wife owns an NQSO for 7000 shares of a public company that are not yet vested. If that company is acquired by a private company, what happens to the non-vested shares in that NQSO?
Thank you for answering our question
Date: Mon, 02 Feb 2004
In most cases they will be replaced with equivalent options for shares of the acquiring company. Of course, she won’t be able to sell those shares on the stock market. I suggest that your wife direct the question to the management of her company.