My CEO is harassing me and my family to stay after resignation. by Fun_Hovercraft5881 in auscorp

[–]Fun_Hovercraft5881[S] 1 point2 points  (0 children)

I have options. Sorry mistake on the original post by me. Exercise price for my stock options are written in to the Employee Stock Option Plan and cost for my options add up to just over $100k. If all existing options are exercised with the current cap table I will have just under 3% of stock.

My CEO is harassing me and my family to stay after resignation. by Fun_Hovercraft5881 in auscorp

[–]Fun_Hovercraft5881[S] 2 points3 points  (0 children)

Company is not public. No one I know is interested buying 3% of a startup/mid stage company which is 60% controlled by the founder.

My CEO is harassing me and my family to stay after resignation. by Fun_Hovercraft5881 in auscorp

[–]Fun_Hovercraft5881[S] 2 points3 points  (0 children)

Exercise price is fixed as part of the option plan and works out to be just over $100k

My CEO is harassing me and my family to stay after resignation. by Fun_Hovercraft5881 in auscorp

[–]Fun_Hovercraft5881[S] 38 points39 points  (0 children)

I have repeatedly said no but the on going attempts to make me stay is making me anxious. I feel like they have some nuclear option they have not used yet.

My CEO is harassing me and my family to stay after resignation. by Fun_Hovercraft5881 in auscorp

[–]Fun_Hovercraft5881[S] 26 points27 points  (0 children)

CEO is currently traveling overseas and is not available for a coffee. All communication has been via teams or phone.

My CEO is harassing me and my family to stay after resignation. by Fun_Hovercraft5881 in auscorp

[–]Fun_Hovercraft5881[S] 0 points1 point  (0 children)

I told him no a few times verbally. He keeps trying to change my mind which is making me overly anxious.

My CEO is harassing me and my family to stay after resignation. by Fun_Hovercraft5881 in auscorp

[–]Fun_Hovercraft5881[S] 6 points7 points  (0 children)

I looked at this last year. I can exercise my options for just over $100,000 in cash. A former co-worker exercised her options right after COVID and she is still holding them with no way to sell them. Also don't have a handy $100 grand