about stock options.

I have worked for my current employer for more than 4 years. On the first day of my employment, I signed a stock options contract (Nonstatutory Stock Option Agreement) with my employer. Now four years have passed and all shares have been vested.

My company is still a private company that I do not expect it go public for a very long time. However, recognizing the potential of the company I want to exercise my options. My employer told me that I can not do so because I am neither a citizen nor a permenent resident. Here are my questions:

1. Is it true that people like I (H1Ber) can not exercise stock optioins of private companies ?
2. If yes, since I have four years to exercise stock options from now on, can I exercise stock options after I obtained my green card ?

Thanks

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回复:about stock options. -昭君出塞- 给 昭君出塞 发送悄悄话 (394 bytes) () 08/11/2006 postreply 09:34:44

可能你公司是个S corp. check the company's status -搞不懂就问- 给 搞不懂就问 发送悄悄话 (92 bytes) () 08/11/2006 postreply 10:30:05

But my company was planning to go public and issued me stock opt -see4cats- 给 see4cats 发送悄悄话 (0 bytes) () 08/11/2006 postreply 16:13:32

回复:But my company was planning to go public and issued me sto -搞不懂就问- 给 搞不懂就问 发送悄悄话 (528 bytes) () 08/11/2006 postreply 23:28:04

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