Early exercise is the right to exercise your options before the stock is vested.
If you are unsure about whether or not you can early exercise, it will be stated on your option agreement. Please review this agreement to confirm.
Note: Early exercise of option grants are subject to an Alternative Minimum Tax (AMT) and repurchase by the company if your service has been terminated within a specified time.
Once the option grant has been issued to you, accept it into your portfolio. If your options are subject to vesting and you have early exercise rights, you may file an 83(b) election with the IRS within 30 days of the exercise. Learn more about the 83(b) election and download a form template.