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A comment on OpenAI requires NDA for employees to keep equity. Parent comment

Re:OpenAI requires NDA for employees to keep equity by lazyasciiart on Saturday May 18, 2024 @01:17AM (#40396593)
I think they mean that you had to buy all the ones you wanted to keep.
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Re:OpenAI requires NDA for employees to keep equity by ergocoder on Saturday May 18, 2024 @02:23AM (#40396848)
That is tautological... You buy what you want to own???
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Re:OpenAI requires NDA for employees to keep equity by StackRanker3000 on Saturday May 18, 2024 @04:32AM (#40397355)
The point being made is that it isn’t all or nothing, you can buy half the vested options and forfeit the rest, should you want to.
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Re:OpenAI requires NDA for employees to keep equity by Hnrobert42 on Saturday May 18, 2024 @05:26AM (#40397603)
Wait, wait. Who is on first?
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Re:OpenAI requires NDA for employees to keep equity by d4704 on Saturday May 18, 2024 @06:55AM (#40397922)
We’d usually point people here to get a better overview of how options work:

https://carta.com/learn/equity/stock-options/

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Re:OpenAI requires NDA for employees to keep equity by Taniwha on Saturday May 18, 2024 @05:51AM (#40397679)
There can be an advantage to not exercising: it causes a taxable event the IRS will want a cut of the difference between your exercise value and the current valuation, it requires you to commit real money to buy shares that may never be worth anything ....

And there are advantages to exercising: many (most?) companies take back unexercised shares a few weeks/months after you leave, it kicks in a CGT start date, so you can end up paying a lower CGT tax when you eventually sell

You need to understand all this stuff before you make a choice that's right for you

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