Forum | Non QPR: Financial (possibly legal?) advice needed by 1MoreBrightonR

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Non QPR: Financial (possibly legal?) advice needed 10:12 - Mar 20 with 1142 views

I recently left my job and have share options in the company. They have emailed me about getting my vested options converted to equity and asked me to sign a Notice of Exercise form.

Does anyone have any experience with this? I'm wary of signing the document without a full understanding of the terms within it for obvious reasons. Would ideally like someone to review it but don't have a financial advisor etc.

[Post edited 20 Mar 2023 10:12]

Non QPR: Financial (possibly legal?) advice needed on 16:42 - Mar 20 with 1001 views

JamesB1979

The terms should be in your option agreement. If you exercise them, you’ll likely have to pay an amount for them. The benefit being that when you sell, that cash paid now is the cost and proceeds above that is capital gains. If you don’t exercise them now then when you end up selling it’s all treated as income. As you’re no longer employed you may have to exercise but again you’d need to check the original option agreement.

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