Hey all,
Do legal admins receive any notifications explicitly about 83(b) elections when optionees early-exercise? We had someone do these recently. We received the standard notifications around the exercising process but, none around the 83(b) election process.
I see from the support article that the optionee may but, it would be helpful to include legal admins in the steps by sending emails (i) in the beginning when they exercise (aside from that they are exercising) notifying of the start of 30-day clock (ii) a midway reminder of deadline to file (so that legal can stay on top of it) and (iii) whether they chose not to elect to file or, if they did, when they uploaded the filing record. This would be helpful in keeping legal in the loop.
-Mate