[phxrsg]

Depends on if they are set up with a double trigger. Here is a decent explainer, but you can research more about RSU double triggers that can help avoid taxes for large-but-private companies: https://www.parkworth.com/blogs/pre-ipo-tech-giants-using-do...

What this does mean, though, is that until the second trigger is hit you haven't technically vested the RSUs. So you get around the taxation but there may be additional conditions on your equity.

Basically - make sure you read the stock plan

[yardstick]

> So you get around the taxation

And pay a lot more tax in the process, than if you were able to exercise early. IRS always has to have its cake and eat it.

[dilyevsky]

Early exercise is rarely ever an option except for very early stage companies. Most are ISOs with 90d window (which if you’re lucky converts to NSOs with a longer window) which is worst of both world bc of AMT

[yardstick]

Yes, because of IRS taxation rules