I left a job at a startup in October, where part of my compensation was in stock options. At the time of my departure, I had exercised 25% of my options, which was most of what had vested at the time.
My employment contract specified that options would stop vesting immediately upon the end of my employment, and that I’d have a three month period to exercise vested options. That said, they have not stopped vesting — I’ve continued to have options vest at the same pace as they did during my employment, and they’re available for exercise even though it’s been way more than three months.
Should I tell them? I don’t have any intention to exercise these options, but I also don’t particularly mind them or anything. Honestly, I’d rather not have to reach out to my old company again, and if there’s any possibility I could exercise these options during a liquidity event I’d take it. Could this cause me any problem in a liquidity event / could I be at fault for not notifying them?
Location: New York, USA