Employee stock options can be a great perk. Even a life-changing one. But the multiple variables at play make it hard to know if and when to exercise your options.
Your stock options give you the right to exercise, but you’re never obligated to do so. Assuming you stay employed at the company, you can exercise your options at any time between when they vest and when they expire — typically, this will span up to 10 years. If you’re leaving your employer, check the fine print in your options contract to see what time frame you have to exercise; this is usually referred to as the “post-termination exercise period.” READ MORE
