Figma (FIG) Protective Put Calculator

Calculator · free · no signup · FIG

Price a protective put or zero-cost collar on Figma. Annual cost, max loss, upside cap, tax treatment, auto-filled from current FIG option chain.

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About Figma

Figma (FIG) is a public Dev Tools company, incorporated in Delaware and headquartered in San Francisco, CA. IPO'd Sep 1, 2025.

Last close: $17.98 per share (as of 2026-06-17).

Post-Adobe-deal-collapse IPO.

Equity grants at Figma typically include incentive stock options (ISOs), non-qualified stock options (NSOs), and restricted stock units (RSUs).

Figma is an American software company that provides a platform for collaborative web application for interface design, with additional offline features enabled by desktop applications for macOS and Windows. The feature set of Figma focuses on user interface and user experience design, with an emphasis on real-time collaboration, utilizing a variety of vector graphics editor and prototyping tools. The Figma mobile app for Android and iOS allows viewing and interacting with Figma prototypes in real-time on mobile and tablet devices.

Source: Wikipedia (CC BY-SA 4.0)

Dylan Field and Evan Wallace founded Figma in 2012, building a browser-based collaborative interface design tool now headquartered in San Francisco. Adobe announced a $20 billion acquisition in September 2022, but the companies terminated the deal in December 2023 after EU and UK antitrust regulators signaled they would block it; Adobe paid a $1 billion breakup fee. Figma filed its S-1 with the SEC on July 1, 2025, reporting $749 million in 2024 revenue (up 48% year-over-year), and began trading on the NYSE under ticker FIG on July 31, 2025.

Sources: sec.gov · cnbc.com · news.adobe.com · figma.com

Equity comp at Figma

  • RSUs use single-trigger vesting: shares become yours as each portion vests on schedule, and the value is taxed as ordinary income at that point. No IPO or acquisition is required.

Researched 2026-05-07.

OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Figma.

A protective put caps your downside on the FIG position at a chosen floor; a zero-cost collar pays for that floor by capping the upside. This calculator prices both structures off the current FIG option chain, with annual cost, max loss, and tax-treatment notes.

Example: a 5,000-share FIG position at $17.98 is worth $89,900. A 1-year 30%-OTM put on that position typically runs 2-4% of position value per year (about $1,798 to $3,596) before any premium offset from a short call. The calculator prices both structures off FIG's current option chain so you see the actual cost for your chosen floor, tenor, and cap.

All Figma tools → · Use the generic Protect Your Stock Calculator for any company.

Figma equity questions

How much does it cost to hedge FIG stock?
The cost of a protective put depends on how far below the current price you set the floor, how long the protection lasts, and FIG's option-implied volatility. A zero-cost collar lowers that cost by selling away some upside. The calculator above prices both structures off the current FIG option chain and shows the annual cost, maximum loss, and tax treatment.
Does Figma grant ISOs, NSOs, or RSUs?
Equity compensation at Figma typically takes the form of incentive stock options (ISOs), non-qualified stock options (NSOs), and restricted stock units (RSUs). Incentive stock options can trigger the alternative minimum tax (AMT) when you exercise. Restricted stock units are taxed as ordinary income when they vest.
When did the Figma IPO lockup expire?
Figma (FIG) went public on September 1, 2025. The standard post-IPO lockup runs 180 days, so employee and insider shares generally became sellable around February 28, 2026. Confirm against your own grant paperwork, since some lockups release early or in stages.
Do Figma RSUs use double-trigger vesting?
No. Figma restricted stock units (RSUs) use single-trigger vesting: each tranche becomes yours as it vests on schedule, taxed as ordinary income at that point, with no liquidity event required.
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