Plan your Harvey ISO exercise
Calculator · free · no signup · pre-IPOHarvey is pre-IPO. Plan your AMT impact at any valuation: current 409A, expected IPO price, or post-IPO scenarios.
Beta · invite-only · AlphaLatitude Inc. · Free Tools
Your grant
Seeded from secondary-market data, as of Jun 14, 2026
Tax inputs
Grant timeline
Net final value at year 3 sale — optimized plan
$159,765
After-tax dollars at end of year 3, net of all federal + state taxes through the sale.
This year: exercise 2,853 shares (of 10,000 total).
= gross gain at sale − federal + state LTCG − AMT premium above baseline regular tax (time-valued)
AMT premium for exercising: $16,118 (on top of $228,434 regular tax across the horizon)
Optimized plan keeps $14,702 more than lump-sum, $77 more than even split.
Federal AMT crossover this year: 2,531 shares ($57,238 bargain element). Above that, each additional share this year adds federal AMT.
Estimates only. Not financial advice.
Net final value by year
Running tally: NTV from shares exercised through year y, minus AMT premium paid through year y. The last year matches the plan's headline NTV. Hover a year for plan totals.
Optimized exercise schedule
You pay the higher of Regular tax and Tentative AMT per jurisdiction, then subtract Credit recovered. The result is Net tax. Hover any number for the bracket-by-bracket breakdown.
| 1 | 2,853 | |||
| 2 | 3,628 | |||
| 3 | 3,519 |
Federal AMT credit
Earned
$16,118
Recovered
$0
Remaining
$16,118
The AMT credit only recovers in years where regular tax exceeds AMT — typically a year with no ISO exercise. Every year in this schedule has bargain element, so AMT exceeds regular tax in every year and the credit carries forward untouched. Try a longer horizon or fewer total shares to introduce a recovery year.
Plan comparison
Net value at the end of your hold horizon.
Lump-sum
All in Year 1
$145,063
−$14,702
Even split
Equal shares each year
$159,688
−$77
Optimized
Tax-aware schedule
$159,765
Highest
Estimates only. Excludes disqualifying dispositions, NSOs, multi-state moves, and AMT preferences other than ISO bargain elements. Long-term capital gains tax assumes a qualifying disposition (ISO held ≥1 yr from exercise and ≥2 yr from grant); state LTCG follows ordinary brackets except where the state grants preferential treatment (HI, ND, SC, WI, AR, NM) or has a dedicated LTCG-only tax (WA). Assumes you are within the $100K ISO limit (any portion of an annual ISO grant whose FMV at grant exceeds $100K is treated as NSO from the start, §422(d)). State AMT figures are 2025 (next-year values published in late 2026). Not financial advice.
QSBS note. If your shares qualify (typically pre-IPO C-corp grants held 5+ years), a federal rule lets you exclude up to $10M of gain on a future sale from federal tax. That single rule shifts exercise-timing math more than AMT does. (This is §1202 “qualified small-business stock”.) Modeled in beta, not here.
You optimized one grant in isolation. The beta optimizes ISOs alongside your RSUs, NSOs, and stock in one plan.
Request beta access →About Harvey
Harvey is a privately held AI company, headquartered in San Francisco, CA.
Last reported secondary-market price: $27.61 per share (as of 2026-06-14). Your own 409A may differ.
$11B Mar 2026; legal AI.
Equity grants at Harvey typically include incentive stock options (ISOs) and non-qualified stock options (NSOs).
Winston Weinberg, a securities litigator at O'Melveny & Myers, and Gabriel Pereyra, a research scientist from Google DeepMind and Meta, co-founded Harvey in 2022. The platform fine-tunes large language models on legal corpora to assist attorneys with drafting, research, due diligence, and regulatory analysis. Harvey raised $300 million in a February 2025 Series D at a $3 billion valuation, followed by a $300 million Series E in June 2025 at $5 billion, and a $160 million Series F in December 2025 at $8 billion. A March 2026 round pushed the valuation to $11 billion.
Sources: cnbc.com · techcrunch.com
Equity comp at Harvey
- Harvey ran its first tender offer (a company-organized window where employees and early investors can sell some vested shares to outside buyers) as part of the December 2025 Series F round led by Andreessen Horowitz. The tender settled at an $8 billion implied valuation, the same price as the primary round. For employees who joined during Harvey's early growth when the company was valued at $715 million in 2023 or $1.5 billion in early 2024, the tender offered the first concrete opportunity to convert some equity into cash.
- Recent share-sale events (industry term: tender offers):
- Dec 2025: $8B implied valuation, led by Andreessen Horowitz · techcrunch.com
Sources: techcrunch.com · harvey.ai
Researched 2026-05-07.
OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Harvey.
The calculator works at any Harvey valuation: enter your strike, the current 409A FMV, an expected IPO price, or anywhere in between. AMT is triggered on the bargain element (FMV minus strike) when you exercise; the calculator models federal AMT, state AMT, and the multi-year credit-recovery path.
Example: at Harvey's last reported price of $27.61, exercising 5,000 ISOs with a $8.28 strike creates a $96,650 bargain element. Above the 2026 federal AMT exemption ($88,100 single, $137,000 married joint), the 28% AMT rate adds roughly $27,062 on top of regular tax before any state AMT (CA, CO, CT, MN). The credit recovers in later years when your regular tax exceeds AMT. The calculator above runs your exact figures.
All Harvey tools → · Use the generic AMT + ISO Exercise Calculator for any company.
Harvey equity questions
- How much alternative minimum tax (AMT) will I owe exercising Harvey ISOs?
- Exercising incentive stock options (ISOs) does not create regular income tax, but the bargain element (the fair market value at exercise minus your strike price) counts toward the alternative minimum tax (AMT). The amount depends on the bargain element, your other income, your filing status, and your state. The calculator above models federal and state AMT, the AMT crossover point, and how the credit recovers in later years for your exact Harvey figures.
- Does Harvey grant ISOs, NSOs, or RSUs?
- Equity compensation at Harvey typically takes the form of incentive stock options (ISOs) and non-qualified stock options (NSOs). Incentive stock options can trigger the alternative minimum tax (AMT) when you exercise.
- Are Harvey shares eligible for QSBS?
- They might be. Qualified small business stock (QSBS) under Internal Revenue Code Section 1202 can exclude federal tax on much of the gain when shares were acquired at original issuance from a C-corporation while its gross assets were under $50 million, and held at least five years. Whether your Harvey shares qualify turns on when you acquired them and the company's asset size at that time.
One piece of the puzzle.
OptionsAhoy plans your Harvey equity alongside hedging, vesting, and de-concentration, across bullish, neutral, and bearish market scenarios. Free during beta.