Thread

1. lquist · 1790563625 · focus · HN ↗

   Why does a stockholder have to reassert their rights to hold the stock that they already own?

   1. binlog · 1790564254 · focus · HN ↗

      They do not own the stock, because the options never vested and thus were never exercised. The time to assert that claim was 30 years ago.

      1. acchow · 1790565010 · focus · HN ↗

         > NVIDIA’s CFO wrote me a letter stating that 15,625 shares of my stock options had vested, and that I was required to exercise them. I did, and then forgot all about it.

         1. Beijinger · 1790566499 · focus · HN ↗

            "NVIDIA’s CFO wrote me a letter stating that 15,625 shares of my stock options had vested, and that I was required to exercise them. I did, and then forgot all about it."

            Normally this is a right to buy at a given price. If he was billed for it, then there is very little chance NVIDIA can weasel they way out ot it. I suspect he never paid for the shares.

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