Non-public company has an ISO (is going public if this is relevent). Is there a requirement that the Company provides participants a formal Statement of their Options at least annually? Currently, the Company provides participants an Excel summary of their ISO's - only if a participant/grantee asks for one.

If so, could you also point to the source?

Thanks,
Eric

In case anyone wants to know the answer to this question - it appears that there is actually no requirement that a participant/grantee receives a general valuation for their ISO's even once a year (the requirement only speaks to when there is a transaction).