Progress EQUITY EDUCATION Complete & Continue Next Lesson Learn More Introduction & Compensation 2 Lessons Introduction Compensation Forces That Impact Equity Value 2 Lessons Employee's Impact on Equity Value Other Forces That Impact Equity Value Equity Types 2 Lessons Preferred vs. Common Shares RSU = Restricted Stock Unit Option Vesting, Strike Price & 409A 5 Lessons Granted vs. Vested Stock Options Strike Price 409A or FMV (Fair Market Value) Cost of Exercise Options (ISOs vs. NSOs) Option Exercise + Considerations 5 Lessons Option Exercise Example Option Exercise Example - Post Liquidity Event Option Exercise - Things to Consider Other Considerations What if I Leave The Company Liquidity Prior to IPO or Sale 2 Lessons Liquidity Prior to IPO or Company Sale Trade Submission & Settlement EQUITY EDUCATION Complete & Continue Next Lesson Learn More Option Exercise + Considerations Other Considerations