Equity compensation is fundamental to startups’ abilities to recruit and retain top talent in today’s market. As companies and valuations grow, out-of-reach option strike prices can impede employees’ abilities to exercise vested stock options, absent a liquidity event. Employee candidates may also not fully appreciate the differences in equity value between a late-stage private company and public companies. In this program, we will explore:

  • How have Silicon Valley unicorns and other late-stage private companies addressed this problem in light of longer horizons to liquidity events?
  • Are companies extending post-termination exercise periods of stock options or providing employees loans to exercise vested options?
  • Are others using private company RSUs or implementing stock splits?
  • How often are tender offers or secondary sales done in connection with financing rounds? And what are the tax, legal and other business consequences and considerations?

Hear from a panel of GCs, including Michael Wu of Carta and leading executive compensation and employee benefits expert, Shawn Lampron, on current issues and trends in employee equity compensation.

Login

Don’t have an account yet?

Register