Your Options
Last 409A appraisal or FMV per your option agreement
Default: 90 days (IRC ยง422). Some companies grant extended windows โ check your agreement.
Cash you're willing to put at risk
Exit Scenarios
Company goes to zero / below strike
Probability Weights (%)
Probabilities sum100%
Recommendation
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Total exercise cost
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Spread at current FMV
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EV of exercise & hold
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Max shares w/in cash limit
Scenario Analysis
| Scenario | Exit $/sh | P | Gross Proceeds | Net (after exercise cost) | EV Contribution |
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Next Steps
ISO-AMT Calculator
Full AMT exposure calculation for ISO exercise (AL-116)
Equity Comp Analyzer
Model your full equity package value (AL-33)
Downstream: ISO-AMT Calculator (AL-116)