In case anyone else needs to look it up:<p>&quot;What’s the difference between an ISO and an NSO?&quot; - <a href="http:&#x2F;&#x2F;www.startupcompanylawyer.com&#x2F;2008&#x2F;03&#x2F;05&#x2F;whats-the-difference-between-an-iso-and-an-nso&#x2F;" rel="nofollow">http:&#x2F;&#x2F;www.startupcompanylawyer.com&#x2F;2008&#x2F;03&#x2F;05&#x2F;whats-the-dif...</a><p>Even reading that, it&#x27;s still not clear to me whether there would be tax implications at the time of conversion when converting incentive stock options (ISOs) to non-qualified stock options (NSOs).