Rosie profile picture
Rosie profile picture

Rosie

Sales Director

Catalyst
Opinionated
Valued Contributor
+4

Share options

So I have been a top performer hence I was chosen for a share options plan. I have now receid the plan details and I need to accept it or not.


I have no clue how to read this as it has the subscription plan price per share and total number of shares that can be granted.


Any idea how to look at this? In terms if whether it´s a good deal or not and is it worth my investment?

💰 Compensation
8

12 comments

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salesgolfer
Personal Narrative
4
Low Handicapper
Get an attorney. There's no reason to go at this alone. It'll cost you a couple of hundred bucks for the time, but you'll learn how to read these types of agreements.

If the shares are worth it, then the fee is a drop in the bucket. If they're not, then you paid to find out (and that'll be worth it too).
SoccerandSales
Big Shot
3
Account Executive
I agree with the above, if not an attorney, a friend that has a lot of experience in finance that you trust
braintank
Politicker
3
Enterprise Account Executive
Better yet -- ask the CFO (or similar) to sit down and walk you through it. I'd only bring in a lawyer if I suspected something shady.
SoccerandSales
Big Shot
1
Account Executive
I like this as well. Also helps you to network internally depending on the size of the org
Sunbunny31
Politicker
3
Sr Sales Executive 🐰
I like this suggestion. CFO should be happy to do it.
CuriousFox
WR Officer
1
🦊
Unless they are shady 😏
braintank
Politicker
4
Enterprise Account Executive
Carta has some great resources: https://carta.com/equity/learn/
antiASKHOLE
Tycoon
4
Bravado's Resident Asshole
always bring in an experienced set of eyes or an attorney
Kosta_Konfucius
Politicker
2
Sales Rep
Phone in a friend or an attorney, dont do it yourself
TennisandSales
Politicker
1
Head Of Sales
can you share the details? I can help suggest questions to ask or things you need to consider.

is this a Stock Option plan? or a Restricted Stock Units plan?

what is the price per-share they are giving you? (also called the strike price)
MeowMeow
Politicker
0
Senior Enterprise Account Executive
I’ve been through this too. Valid questions!
Rosie
Catalyst
0
Sales Director
Ended up asking a friend instead. The agreement has too many requirements in case I leave before vesting but I have nothing to lose by going for it now

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