What happens to my stock options after I leave a company?

If I had stock options and left a company and that company got bought. I had already excercised my grant, but did not "excersie" my options (sell the stock). Does it get converted into the stock of the other company? Or do I lose the ability to sell the stock after a certain date and basically lose it all once the other company has completed the sale of stock?|||Your employer may require you to sell your shares when you leave the plan. You can then roll the proceeds into an IRA or to your new employer鈥檚 plan. Or, if your old plan allows, you can roll your shares from the plan directly into a rollover IRA established through a broker.





Check with your former employer about the rules governing the buying and selling of company stock, as well as the tax consequences. It may be to your advantage to take your distribution in stock rather than cash.|||You were awarded stock options. You exercised them (purchased the stock). Is that correct?





Now the company has been bought out. You have the same rights as anyone who purchased stock in the original company.





If the new company purchased the old company, they would have issued you new stock in the name of the new company to replace what you had in the old company, since the old company no longer exists.





You should have received notification of this. If you are in question, call a stock broker and ask about your stock. Give the broker the information on your stock certificate(s) you received when you exercised your purchase option.