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Old 10-05-2007, 05:42 AM
pig4bill pig4bill is offline
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Join Date: Dec 2005
Posts: 2,658
Default Re: Cashing in my options

Employee incentive options are not exchange traded. They are usually not vested when granted, but vest over a period of 4 or 5 years. They are incentive to continue working at the company and build value for the company. When you leave, you forfeit the unvested options but you are usually given a few months to exercise the vested ones. They really have no time premium that you can monetize. You can't sell them, you can only exercise them.
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