A little over 3 years ago, I was offered an option of 40,000 shares (one year cliff and four year vesting on a quarterly basis) and recently, my company was sold. My management is saying because the company is sold prior to my full vesting schedule, I would receive all your 40,000 shares (as acceleration). I asked for the share valuation and was told Carta 409A evaluations in 2019-2020 and 2017-2018 determine the per share price as $0.08 and $0.0543, respectively, so the calculation would be ($0.08 - 0.0543) x 40,000 = $1,028. My question is, is this a correct way to calculate my option payout? Why are there two valuations? And if my shares are vested on a a quarterly basis over 4 years, why are they looking at evaluation from 2017–18 and 2019–20? I joined the company June 2017 and started full time on September 2017
I'm not sure. That's what I don't understand. How is it supposed to be calculated my stocks vest every year on a quarterly basis?
