Hey all,

I am in a pre-ipo company right now. I have about half my stock vested so far. In a divorce I understand that it is an asset.. and my STBXW is entitled to half. Spoke to a lawyer who indicated that what ever is "sellable" (e.g. vested I believe) is what would be split in half. He said I could possibly buy her out... e.g. keep my full stock options.. but buy her out for whatever value they could be sold at presently.

In a pre-ipo company, I am unclear if I would buy her out (assuming I could) based on the actual strike price I get them at (about $1.50 each).. or the potential value based on the last round of funding (about $17 each). So our last round of funding I believe means those funding us paid the equivalent of $17 a share (raising our "value").

I am assuming it would be ideal for me to file before we go IPO (or bought out) to limit how much I have to buy her out for. I am just unclear.. so does anyone who has been through this with pre-ipo stock.. know.. is it the strike price you would pay.. or the actual internal value based on last round of funding that I would have to pay?