156 karma · joined December 3, 2011
[ my public key: https://keybase.io/theiv; my proof: https://keybase.io/theiv/sigs/hHyAqo4UNyU3CCMuYOrQSOM8XiAELhfT52n86jIr7gk ]
I'm assuming they are referring to someone that _did not_ exercise their options and is leaving.
[you might already know the following based on the rest of your comment, but thought i'd add it]
With options, vesting is only half of the story; you need to exercise the options which converts them to shares. ISO options (what you get as an employee) have a PTEP (Post-Termination Exercise Period) that gives you 90 days from voluntary leave (maybe varies?) to decide whether or not you'll exercise. If you don't exercise, you forfeit them.
I believe the longer PTEPs that you hear about (5-10 years) do some ISO->NSO conversion which changes the tax situation, but at least gives you flexibility & wait for some liquidity event before committing the cash.
All of this to say, I think what you're saying is a much more precise way of saying what I was trying to get at. :)
ISOs (not totally sure about NSOs) have a 10 year expiration from grant date[0].
Note: I'm about to try this myself (though far less massive).
This is a slightly longer way of saying I'm not totally sure how what you're saying invalidates what valzam said: as far as the IRS is concerned, you did realize gains (you got something of value), just not on anything "liquid," hence AMT. Perhaps they (IRS) use different terms, but that's basically what's happening.
It's been a little while since I've done this–I, at least temporarily, gave up the idea of buying something in the city–but I noticed similar trends to keerthiko. Similar to when I was actually looking at places with a broker.
> Microsoft buys near 4% stake in London Stock Exchange https://news.ycombinator.com/item?id=33952824
I took it to mean that they realize that most of this advice is not universally good/not applicable everywhere, but that single point is.
https://www.bonappetit.com/story/hot-smoked-cold-smoked-fish...
> Evacuation from a nuclear explosion or radioactive > contamination > > If there is a nuclear explosion, hide behind cover and > evacuate to an underground facility or strong building. > An explosive called a “dirty bomb” will cause radioactive > contamination of the area. Follow the instructions of the > authorities and consult a physician.
I'm amazed by how painful I find this.
I can't disable SIP on my work laptop which means I'm forced to "sit through" the macOS animations as I switch between desktops. Feel like I've wasted hours of my life watching desktops fade-in/-out.
Doesn’t always work but _usually_ gets me closer. Hope this helps disabling the feces.
Have you noticed this being an issue? I haven't, but I'm only ~6mo-1yr in to my purchase.