Do you lose your stock options if you get fired?

With restricted stock and restricted stock units, upon job termination you almost always forfeit whatever stock has not vested. Exceptions can occur, depending on the vesting terms of your employment agreement or stock plan, such as special provisions for disability, retirement, or an acquisition.

What happens to stock options when an employee is terminated?

Often, vested stock options expire if they are not exercised within the specified timeframe after service termination. Typically, stock options expire within 90 days of leaving the company, so you could lose them if you don’t exercise your options.

What happens if you get fired before stock vests?

If your employment with the Company or a subsidiary of the Company terminates before a vesting date for the award for any reason other than involuntary layoff, disability (as defined in paragraph 3), or death, your nonvested RSUs will be forfeited and canceled.

What happens to stock options if I leave?

When you leave, your stock options will often expire within 90 days of leaving the company. If you don’t exercise your options, you could lose them.

What happens to my stock options when my company is acquired?

If the acquiring company decides to give you company shares, either you will receive publicly traded shares, and your situation will mimic the IPO outcome, or if acquired by a private company, you will receive private shares and you will be back in the same situation as before: waiting for liquidity.

What happens to stock options if I leave the company?

If Raj possesses vested RSUs or restricted stocks, he will continue to have ownership of his shares even after leaving the company as they are already vested and converted into stocks. He has the freedom to hold or exercise these stocks as per his preference.

What happens to stock options when you leave?

What happens when you sell employee stock options?

Non-qualified stock options (NSOs) are granted to employees, advisors, and consultants; incentive stock options (ISOs) are for employees only. With NSOs, you pay ordinary income taxes when you exercise the options, and capital gains taxes when you sell the shares.

Can a company take back restricted stock?

Once you have shares in an RSU that vest (becomes yours), the company can no longer take them back, and you must pay ordinary income taxes on the fair market value of the shares at the time they vest. This is the case even if you do not sell the shares of the stock that you now own.

Why work at Zynga?

At Zynga, health, productivity and happiness go hand-in-hand. No matter where you are in your career or personal journey, Zynga offers a world-class benefits package that helps support and balance the needs of our teams. Our employees can expect a range of perks including:

What does a product manager do at Zynga?

Product managers define how the world experiences our games. By combing innovative game design and analytical rigor, PMs at Zynga drive robust product strategies that deliver delight to millions of players around the world. At Zynga, health, productivity and happiness go hand-in-hand.

Does Zynga hire people with a criminal history?

Zynga will consider for employment all qualified applicants with criminal histories in a manner consistent with applicable law. Zynga is committed to providing reasonable accommodation to applicants with disabilities. If you need an accommodation during the interview process, please let us know.

What is BZU at Zynga?

BZU fosters and engages a community at Zynga where employees of color and their allies can connect on the workplace experience. By building a network internally and externally, we provide a place for open and honest conversations and foster inclusivity.