Comment by binlog
20 hours ago
They do not own the stock, because the options never vested and thus were never exercised. The time to assert that claim was 30 years ago.
20 hours ago
They do not own the stock, because the options never vested and thus were never exercised. The time to assert that claim was 30 years ago.
> NVIDIA’s CFO wrote me a letter stating that 15,625 shares of my stock options had vested, and that I was required to exercise them. I did, and then forgot all about it.
Read the whole thing again. They aren’t complaining about the 15,625 shares (which they presumably sold a long time ago) but the remaining 25,000–15,625.
"NVIDIA’s CFO wrote me a letter stating that 15,625 shares of my stock options had vested, and that I was required to exercise them. I did, and then forgot all about it."
Normally this is a right to buy at a given price. If he was billed for it, then there is very little chance NVIDIA can weasel they way out ot it. I suspect he never paid for the shares.
Those shares were fine, it was the other 9,375 that were in question here.