this post was submitted on 11 Mar 2024
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[–] GissaMittJobb@lemmy.ml -2 points 8 months ago (1 children)

It's in the form of stock options, which won't be worth any particularly noteworthy amount unless the IPO goes really well.

[–] SpaceNoodle@lemmy.world 7 points 8 months ago (1 children)

If it has a dollar valuation, if it's taxable, it can be liquidated.

[–] GissaMittJobb@lemmy.ml -2 points 8 months ago (2 children)

Are you talking about writing them off?

Options come with the obligation to pay for the underlying asset, so unless they are valued above the strike price, they are effectively worse than worthless.

[–] SpaceNoodle@lemmy.world 5 points 8 months ago* (last edited 8 months ago) (2 children)

No, I'm talking about real compensation.

Is it just options specifically, or grants, or ...?

Would the reported compensation be at the strike price, or the current valuation, or the difference?

[–] WildPalmTree@lemmy.world 1 points 8 months ago

Not American, but I would assume the Black-Scholes model will be used for valuation.

[–] GissaMittJobb@lemmy.ml -2 points 8 months ago

Face value is unlikely to be the amount reported - I doubt the options are granted below the last reported market rate. Hence it's probably relative to the amount of underlying stock the options represent.

You'd have to check the SEC-filings for more accuracy than that.

[–] WildPalmTree@lemmy.world 2 points 8 months ago (1 children)

Options can come with or without the obligation to buy the underlying asset. I'd assume they will never be worth less than worthless.

[–] GissaMittJobb@lemmy.ml 1 points 8 months ago

Less than worthless would be when exercised, not exercising would be worth 0 - unless you paid for the option contract, in which case not exercising would represent a loss.