Hacker News new | ask | show | jobs
by orbz 1960 days ago
Obviously yes, consult a lawyer. When you exercise the options they convert to shares, at which point you’re likely bound by a different set of obligations around right of first refusal by the company. At that point those shares are collateral for the loan with your friend. As far as I’m aware you can’t sell or otherwise trade options due to them being ISO’s instead of NSO’s.