← Caleb Nakamura

Caleb Nakamura @calebnakamura

Option grants: the exercise price is set when the board approves them, not when you promise them to a hire. Promise now, approve in six months, and you've created a tax problem for the person you were trying to reward. Get the board to meet.

5 Aug 2026
58 Reposts231 Likes
Hannah Weiss @hannahweiss · replying to @calebnakamura

And the 409A valuation has to be current. The finance department would like this noted.