I work at a small-medium sized startup, we are looking to raise Series B soon.
I just hit the first date for a portion of my options being vested, and I'm trying to decide when to exercise these. I've done some reading online, but am having a hard time figuring out the tax implications if I exercise and hold my available shares. I've asked for the 409a valuation, but finance hasn't told me. Right now my strike price is $0.10/share.
I should mention that we didn't have a traditional Series A, rather came out of an incubator-like setting. So I expect as we raise our different series, and as I progress with my role/status in the company I'll also be awarded additional equity.
How do you all approach this when at a startup and what do you suggest your employees do?