Plan your Notion NSO exercise
Calculator · free · no signup · pre-IPONotion is pre-IPO. Plan your NSO exercise tax (federal, state, FICA) at any expected valuation.
Beta · invite-only · AlphaLatitude Inc. · Free Tools
Your grant
Seeded from secondary-market data, as of Jun 15, 2026
Tax inputs
Hold strategy
Best after-tax payout — at year 1
$109,210
Hold 1 yr wins by $59,214 over Sell + invest.
Estimates only. Not financial advice.
Sell + invest
| Bargain element (sale − strike) | $84,000 |
| Federal | |
| State | |
| Medicare | −$1,218 |
| Additional Medicare | −$756 |
| Market gain over 1 yr at 10.0% | $4,664 |
| LTCG on diversified gain (fed + state + NIIT) | −$1,311 |
| Net at year 1 | $49,996 |
Sell every share immediately; invest the after-tax cash at the market return for 1 yr, then liquidate. Diversified — no single-stock concentration risk.
Exercise + hold 1 yr
Best payout| Sale proceeds (year 1) | |
| LTCG tax (federal + state + NIIT) | −$24,453 |
| Net at year 1 | $109,210 |
Sold 3,260 shares at exercise to cover strike + tax; 1,740 shares held 1 yr for LTCG.
Social Security + Medicare are payroll taxes (collectively called FICA) — they apply because you're exercising as a current employee.
Both columns are stated in year-1 dollars: sell-now proceeds compound at the market return and pay LTCG on the gain at year 1; any cash paid out of pocket on the hold side carries the same opportunity cost.
Net at year N — by hold period
Estimates only. Excludes AMT (NSOs do not trigger AMT), state-AMT, multi-state moves, and disqualifying-disposition edge cases. Not financial advice.
You calculated one NSO decision. The beta plans NSOs alongside RSUs and ISOs in a single multi-year tax plan.
Request beta access →About Notion
Notion is a privately held Cloud/SaaS company, incorporated in Delaware and headquartered in San Francisco, CA.
Last reported secondary-market price: $26.8 per share (as of 2026-06-15). Your own 409A may differ.
$42B Aug 2025 tender.
Equity grants at Notion typically include incentive stock options (ISOs) and non-qualified stock options (NSOs).
Notion is a productivity and note-taking application developed by Notion Labs, Inc. It serves as a workspace for notetaking, knowledge management, data organization, and project and task tracking. It was first released in 2016 and is available on the web and as desktop and mobile apps. It is headquartered in San Francisco.
Source: Wikipedia (CC BY-SA 4.0)
Ivan Zhao and Simon Last founded Notion in San Francisco in 2013 with the goal of building a single workspace that could replace documents, spreadsheets, wikis, and project trackers. The product launched publicly in 2016 and grew primarily through word of mouth. Notion hit $400 million in annual revenue in 2024, served more than 4 million paying customers, and carried a valuation of $11 billion as of December 2025. Its most recent primary raise was a $275 million Series D in October 2021 led by Coatue and Sequoia.
Sources: en.wikipedia.org · research.contrary.com
Equity comp at Notion
- Recent share-sale events (industry term: tender offers):
- Aug 2025: $42B implied valuation · techcrunch.com
Researched 2026-05-07.
OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Notion.
Notion NSO exercise creates ordinary income on the bargain element (federal, state, and FICA) at the price on the day you exercise. The calculator works at any valuation, so you can model your exercise cost at the current 409A FMV, an expected IPO price, or post-IPO scenarios.
Example: at Notion's last reported price of $26.8, exercising 5,000 NSOs with a $8.04 strike creates a $93,800 bargain element, taxed as ordinary income on the day you exercise. Combined federal + state + FICA on that bargain typically lands between $25,326 and $42,210 depending on your bracket and state. The calculator above computes the exact figure for your situation and compares selling now vs. holding through the long-term capital-gains threshold.
All Notion tools → · Use the generic NSO Exercise Calculator for any company.
Notion equity questions
- How is a Notion NSO exercise taxed?
- Exercising a non-qualified stock option (NSO) creates ordinary income on the bargain element (the price on the day you exercise minus your strike), subject to federal income tax, state income tax, and FICA. The calculator above computes that tax for your Notion grant and compares selling the shares now against holding past the one-year mark for long-term capital-gains treatment.
- Does Notion grant ISOs, NSOs, or RSUs?
- Equity compensation at Notion 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 Notion 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 Notion 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 Notion equity alongside hedging, vesting, and de-concentration, across bullish, neutral, and bearish market scenarios. Free during beta.