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Anyone regularly receive options as part of salary?

post #1 of 11
4/1/10 at 5:13pm
Thread Starter 
Once vested, do you normally exercise and cash out or do you pretty much tuck it away and forget about it? If I do the former, does management normally think I don't have faith in the company? The way I see it, they could care less as it's become a normal way of payment these days.
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post #2 of 11
4/2/10 at 12:55pm
At the companies I have worked at, management doesn't even know if you exercise your options.

When to exercise is of course situation-dependent, but most people I know who have held on for a while before exercising have regretted it. YMMV.
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post #3 of 11
4/2/10 at 1:16pm
Quote:
Originally Posted by dswang View Post
At the companies I have worked at, management doesn't even know if you exercise your options.

When to exercise is of course situation-dependent, but most people I know who have held on for a while before exercising have regretted it. YMMV.

Unless you are a bigtimer, I don't think mgmt would know. Depending on your position in the company (and the type of co.?), you may have lmtd windows in whic h to exercise, so it takes some planning. obviously stck price should be taken into acct!
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post #4 of 11
4/2/10 at 1:19pm
When I was in the Fortune 500 world, I got options a couple of times. Both times, part of the agreement was I had to notify legal. Also, the strike prices were such an eff'ing joke, I literally chuckled when I was given the paper work.
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post #5 of 11
4/2/10 at 1:31pm
I've had options with several jobs, only once was it worth something. in the one company where options were worth something, I waited until I left to cash out. one guy I know cashed out a couple of times when he wanted to buy specific things, like a new bike.

one story that I remember, when I started in them company, I was at a company meal and sat next to somebody who had started years before at the same time as the CEO. he told a story of how he had sold out his options over the years for small bits of money - a vacation here, a small car there. if he had held on to them, they would have been worth literally millions.
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post #6 of 11
4/2/10 at 2:02pm
Quote:
. he told a story of how he had sold out his options over the years for small bits of money - a vacation here, a small car there. if he had held on to them, they would have been worth literally millions.
Which company? You're anon.
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post #7 of 11
4/2/10 at 2:04pm
Quote:
Originally Posted by Reevolving View Post
Which company? You're anon.

comverse. at the time of the conversation, market cap was 16 billion, he was one of the first 300 or so employees.
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post #8 of 11
4/2/10 at 4:20pm
Quote:
Originally Posted by globetrotter View Post
comverse. at the time of the conversation, market cap was 16 billion, he was one of the first 300 or so employees.

wut? With Nike owning the market, Converse hasnt been relevant in years. I guess selling a shit ton of chucks help.

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post #9 of 11
4/2/10 at 5:45pm
Can't speak for myself, but I know that here in Norway, at some companies that offer stocks as a part of the salary, they match (or match half) the original investment if you keep the stocks for at least x years. If your company does that, it can be a helluva deal.
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post #10 of 11
4/2/10 at 6:10pm
Quote:
Originally Posted by Davidko19 View Post
wut? With Nike owning the market, Converse hasnt been relevant in years. I guess selling a shit ton of chucks help.


comverse. they invented voice mail
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post #11 of 11
4/2/10 at 8:42pm
Quote:
Originally Posted by Davidko19 View Post
wut? With Nike owning the market, Converse hasnt been relevant in years. I guess selling a shit ton of chucks help.


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