I cofounded a startup and half my stake vests immediately. The other half of my stake vests over 2 years. Do I only indicate the number of unvested shares (half my stake) for Line 2 of my 83(b) election or should I indicate my total number of shares as well/instead? Thanks!
1 Answer from Attorneys
Your question requires the review of the stock purchase agreement to determine how the non-vested, 50% of the stock, is characterized and therefore cannot be answered without such a review.
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