• Ninja876@lemmy.world
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    1 day ago

    Wow learned something new today. In my industry its standard 18 months its all yours going forward.

    Stock options have always been a joke though, we had “windows” we could exercise them. Well wouldn’t you know it the stock would tank a few days before the window opened… EVERY. FUCKING. TIME.

    • jaybone@lemmy.zip
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      1 day ago

      For stocks, we used to have a choice between options or grants. Options were always a joke because you were basically paying market value when they vested, so you could just go buy them on the market for the same price. So I always chose grants, which were 1/4 of what they offered you in options.

      • Ninja876@lemmy.world
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        1 day ago

        IDK what they would call ours, they would give you “x” amount of options at market but they we not real stock. When the trade window was opened you could sell them for the profit of the original issue price. So say they give them at 10 bucks and the window opens and its at 20 bucks you make 10 bucks per share.

        It was a joke as the stock tanked every option window.

        I did get lazy w/ one company and bought all company stocks w/ my 401k. They ended up being bought out by a major US blue chip company. That was a lucky wind fall.

        Win some, lose some.