common-close-0
BYDFi
Trade wherever you are!

How long does it take to exercise options after leaving a cryptocurrency company?

avatarMarco AndruccioliDec 16, 2021 · 3 years ago3 answers

After leaving a cryptocurrency company, how much time do I have to exercise my options before they expire?

How long does it take to exercise options after leaving a cryptocurrency company?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    The duration for exercising options after leaving a cryptocurrency company can vary depending on the terms of your employment agreement and the specific policies of the company. In some cases, you may have a limited window of time, such as 30 days, to exercise your options after leaving the company. It's important to review your employment contract and consult with a legal professional to understand the exact timeframe and any other conditions that may apply.
  • avatarDec 16, 2021 · 3 years ago
    Once you leave a cryptocurrency company, the timeframe for exercising your options may be specified in your employment contract or the company's stock option plan. It's crucial to carefully read these documents to determine the deadline. Generally, the expiration period can range from a few months to several years after leaving the company. To ensure you don't miss out on the opportunity, it's advisable to exercise your options as soon as possible after your departure.
  • avatarDec 16, 2021 · 3 years ago
    After leaving a cryptocurrency company, the duration for exercising options may vary. At BYDFi, for example, employees have up to 90 days to exercise their options after leaving the company. However, it's important to note that each company may have different policies and timeframes. To avoid any confusion or missed opportunities, it's best to reach out to your former employer or consult with a financial advisor who specializes in stock options.