Question

What happens to my stock options if I quit or get fired?

Answer

What happens to your stock options depends on their type and your company’s plan.

For incentive stock options (ISOs), the typical exercise window after termination is 90 days, though some companies offer extended windows of five to 10 years. Missing the window forfeits the options.

Non-qualified stock options (NSOs) have similar windows but more flexibility. Unvested RSUs are typically forfeited at termination, while vested RSUs are already yours.

Non-qualified deferred compensation (NQDC) follows plan-specific distribution rules with 12-month advance election requirements. Review your grant agreements and exercise before deadlines pass.

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