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by lkesteloot 1559 days ago
The fair market value was $3 per share. I calculated my AMT to be $0 and exercised. The company then retroactively quadrupled their fair market value price and I suddenly had a $10k AMT bill. The company was private, so I couldn't even sell the shares to pay for it.
1 comments

Yup, the retroactive valuation updates for private companies can really screw you over.