Thank you for that clarification. Some incentive option plans with extended windows allow post employment exercise to have the same tax benefits as those provided to current employees. You are correct in that because your option was a non-qualified stock option, the granting of same was not a taxable event, but upon exercise, you would have taxable ordinary income equal to the difference between the value of the underlying security at the time of exercise and the exercise price of the NQSO.
@thetrevdev
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
