I am curious to hear the experiences surrounding stock options from those who moved from the US to Canada and continued working for the same US employer as a contractor (either independent contractor or through some agency), thereby changing your status from an employee of that company to a contractor for that company.
I have a few specific questions regarding that:
(1) Regarding already-vested stock options, were you treated the same as if you had quit the company? In other words, were you told to either exercise your already-vested stock options within 90 days (or some other fixed period) or lose them? Or were you able to hold on to those stock options and delay exercise as long as you were working for the company as foreign contractor?
(2) Regarding stock options that were granted before you left US but were not vested, were you able to continue vesting those options while you worked as contractor in Canada?
(3) Finally, regarding “shares” (meaning those options that you already exercised while in the US), I assume you can sell them whenever you want as they were already exercised before you left US. Was there any complication regarding when/how to sell those shares after you moved to Canada?
Would appreciate any responses to these questions. I know this is more of a question for an experienced CPA with knowledge of corporate law and such, but wanted to get some initial responses based on personal experiences, so I have some sense of what to expect.