I would ask the OP to consider going even further and figuring out a way to facilitate some liquidity so the employees could sell enough to cover their taxes even if they don&#x27;t do early exercise.<p>You have employees who own shares but need a nontrivial amount of cash to cover taxes.  You have investors who may be interested in acquiring more shares (or the company may want to buy them itself).  You have a notion of a current valuation of the shares.  Broker a sale at a price that&#x27;s beneficial to both parties.<p>What is the company&#x27;s incentive to block such a transaction?<p>I&#x27;d love to see this become standard.