Emi Share Options Guide

Summary

When leaving a company, check your EMI scheme agreement for terms. Typically, vested options can be exercised within 90 days, while unvested options may be forfeited. You may need to purchase vested shares at the agreed exercise price.

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Employment law. Specifically advice on an EMI share option scheme from the perspective of an employee.
Hi ****! EMI (Enterprise Management Incentive) share option schemes can be a great benefit. Here are some key points from an employee's perspective:
- Tax Benefits: EMI schemes offer significant tax advantages.
- Vesting Period: Options usually vest over time.
- Exercise Price: The price at which you can buy shares is typically fixed.
- Conditions: There may be specific performance or time-based conditions.
Do you have specific concerns or questions about your EMI scheme?
I have been with my employer for 6 years and am thinking about leaving my role and the company. The departure would be on good terms. I would like to understand my position regarding my EMI shares and if I can buy them or they game given to me by the company.
Hi ****! Here are some key points about your position regarding EMI shares upon leaving:
- Check your EMI scheme agreement for specific terms about leaving the company.
- Typically, you can exercise vested options within 90 days of leaving.
- Unvested options may be forfeited.
- You may need to buy vested shares at the agreed exercise price.
Do you have specific details about your EMI scheme terms or any other questions?