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ShareholdingExplained
Free course

The life of your work shares

Shares and options you get through work follow the same journey: offered, received, held, and then you leave or sell. Each stage has its own rules, and its own traps.

  1. 1Stage 1 · OfferedBefore you signShares, options or growth shares? What you're really agreeing to, and what to ask before you sign.Key points · full guide soon
  2. 2Stage 2 · ReceivingThe tax when you get them"Free" shares taxed like salary, how shares are valued, and the 14-day section 431 election.Key points · full guide soon
  3. 3Stage 3 · HoldingWhat you can and can't doRestrictions on selling, vesting, and how funding rounds or debt change what your shares are worth.Key points · full guide soon
  4. 4Stage 4 · LeavingGood leaver, bad leaverWhat you keep, what lapses, what price you get back, and the 90-day EMI clock.Key points · full guide soon
  5. 5Stage 5 · SellingWho gets paid first?Preferences, loan notes, the exit waterfall and the final tax bill.6 min read

Education only. Not tax, legal or investment advice.