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View Poll Results: How many after tax $ are your options worth if exercised today
< $250K 13 27.08%
$250K - $500K 5 10.42%
$500K - $1 Megabuck 2 4.17%
> 1 Megabuck 9 18.75%
Rats: I picked the wrong j*b or employer 19 39.58%
Voters: 48. You may not vote on this poll

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Old 01-30-2011, 03:02 AM   #21
Confused about dryer sheets
 
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I got very lucky -- I was in the right place at the right time.

I was a worker bee (engineer, senior, but no direct reports) at a BigCo. Soon after I started, the stock went up and kept going up, beyond anyones' imaginations. After seven years, a few thousand options (plus more approximately-annual options grants) turned into a couple million before taxes. I held on to them as long as I could -- exercised and sold half immediately after quitting, and the other half for 90 days later.

It was a wild ride but I'm really happy to be more diversified now! Besides, the golden handcuffs were starting to chafe and I was seriously burned out; the money definitely kept me there longer than I otherwise would have stayed. No regrets though.
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Old 01-30-2011, 05:06 AM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Feb 2007
Posts: 5,072
No options...

Rats.... and all I got was a DB pension and retirement health care... both of which can (and will) be taken early.

But... I have received bonuses.

DW had some options with her mega corp job. We made a little on it. It can be a timing thang!
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Old 01-30-2011, 08:10 AM   #23
Thinks s/he gets paid by the post
 
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Location: Alberta/Ontario/ Arizona
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Quote:
Originally Posted by chinaco View Post
No options...

Rats.... and all I got was a DB pension and retirement health care... both of which can (and will) be taken early.

But... I have received bonuses.

DW had some options with her mega corp job. We made a little on it. It can be a timing thang!
Yes Timing is paramount. At one point in early 2009 all my options were out of the money. Nothing I could do but wait and pray. Everything looking pretty good at this point but we will be relieved when they are all cashed out.
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