ISO 100k rule

[Guest cookiek1]

If the ISO grant is:

150,000 at $.81 vest over 3 years

Does this exceed the $100k rule? I am confused on this. I was calculating by multiplying the option amount by price and then making the excess options NQ's.

If someone has an excel sheet or web site that would help me calculate.

Any insight would be great!

[jpod]

Are you saying that options with an exercise price of $40,500 vest in each of 3 calendar years (i.e., $0.81 x 50,000)? If you are, then all 150,000 are eligible for ISO treatment.