u/Eastern-Trainer-3491

My company offered me ESOPs. I have no idea how they're taxed, and HR gave me a 4-page document that explained nothing. Can someone break this down?

Joined a startup 8 months ago. Got ESOPs as part of the package, 1000 options vesting over 4 years.

HR sent a document full of terms I don't understand.

Nobody explained when the tax kicks in is it when they vest, when I exercise, or when I sell?

Would hate to get hit with a surprise tax bill at the wrong time.

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u/Eastern-Trainer-3491 — 9 days ago