From the NASPP Blog: An Overview on Private Company Option Exchanges
A private company faced with underwater employee stock options may have a retention weapon that its public company counterparts don’t: the flexibility to offer an option exchange with employee-friendly terms and less fuss. In “Private Company Option Exchanges Guide: Overview & Costs” published on the NASPP Blog, David Outlaw and Kyle McCall of Equity Methods outline how employee stock option exchange programs work in a private company setting, when they make sense, and what to consider before launching an exchange.
