Re:The Open Guide to Equity Compensation
by toomuchtodo on Sunday April 13, 2025 @08:52PM
(#43677071)
While board approval can be a condition of transfer (consult the options agreement), forward contacts can be used (with counterparty, liquidity, and price risk) when transfer conditions cannot be met to effectuate a de jure transfer.
isn’t this illegal? private stock ownership needs approval from company/BoD to change hands, no?