409A Report

A 409A Report is a third‑party valuation report that determines the fair market value of a private company’s common stock for purposes of complying with Internal Revenue Code Section 409A. It is used to set the minimum exercise price for stock options and help avoid adverse tax consequences.

author avatar
Ryan Roberts Startup Lawyer
Ryan Roberts is a startup lawyer with more than two decades of experience advising on venture financings and M&A transactions totaling more than $1 billion. He is the author of the Amazon bestselling startup law book Acceleration.