What does a former employee need to do to sell their (vested) shares at the IPO?
Answers
Usually, they need to make sure the shares are registered for sale through the IPO.
Ask your underwriters. They may not want existing shareholders selling in the IPO and may be looking to have those shareholders sign lock up agreements.
I agree with Lyle. I would say you would be lucky to be able to sell your shares at the IPO. You will almost be guaranteed to sign a lock-up agreement that will restrict your ability to sell your vested shares until 180 days after the completion of the IPO. At that time, work through your prior company to sell the shares. They will help you do the paperwork.
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