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Like @Tenderloin, I'm not sure what you mean by a 2025 expiry window. Is this when the share options vest?
As I understand it with any takeover, the company buying usually settles any options, either via a cash payment or in issuing new shares options in the parent company. Have you looked at the terms and conditions of the original scheme, as that should set out what happens in the event of a takeover.
andyp
The wife's employer is about to be bought by another company, and the value of the stock has rocketed.
The options she has have a 2025 expiry window :(
Semi-serious question - are there any brokers that will write options on those options, so that the mad gainz can be realised right now?
(I imagine the premium would be insanely high though.)