Employee Equity: RSUs, Stock Options, Vesting, Dilution & Exit Scenarios

What you'll build

What you will be able to do

Each lab ends with a concrete result that you build yourself and the checker confirms, cell by cell.

• Find the cliff date, count full months since the vesting start and calculate how many of Maya's 48,000 options have vested on seven dates.
• Convert a dollar grant into RSUs, split it into four annual tranches and compare what each tranche is worth on its vest date with its value at the grant price.
• Value three option grants at today's fair market value, spot the underwater grant and calculate the spread if Maya exercised at a tender-offer price.
• Calculate the exercise cost, an illustrative tax on the spread and the total cash Maya needs for three exercise sizes, and test which ones fit her savings.
• Price three funding rounds, count the new shares, follow Maya's ownership % from round to round and measure how much her stake was diluted.
• Run five exit values through a simplified preference waterfall, find the price per share and Maya's payout, and chart the payout by scenario.
• Value a startup option grant and a listed-company RSU grant in four scenarios each, weight them with probabilities and compare the expected values.
• Find Maya's exercise deadline for four possible leave dates under a 90-day window and an extended window, capped at the option expiry, and the cash she would need to keep her vested options.