Leaving Epic Games? Plan your 90-day ISO window
Calculator · free · no signup · pre-IPOEpic Games is pre-IPO. Left with vested ISOs? Model the 90-day exercise-or-forfeit decision and its AMT cost at any valuation: current 409A or an expected exit price.
Beta · invite-only · AlphaLatitude Inc. · Free Tools
Your grant
Seeded from secondary-market data, as of Jun 11, 2026
Tax inputs
Grant timeline
Recommended exercise quantity
Exercise all 10,000
With 10%/yr expected growth over the 3-yr hold, every share's expected after-tax gain exceeds its marginal AMT cost. Net value: $1,213,725 at horizon.
Net after-tax value vs. shares exercised
Each point is the expected after-tax NPV at your hold horizon if you exercise that many shares now and let the rest expire.
Year-by-year tax breakdown
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 | 10,000 | |||
| 2 | 0 | |||
| 3 | 0 |
Federal AMT credit
Earned
$1,020,406
Recovered
$29,764
Remaining
$990,642
The AMT credit only recovers in years where regular tax exceeds AMT — typically a year with no ISO exercise. It carries forward indefinitely (Form 8801) and applies in any future tax year where regular tax exceeds AMT.
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 solved the exercise window. The beta plans what comes after it: the new shares, your remaining equity, hedges, and taxes in one multi-year plan.
Request beta access →About Epic Games
Epic Games is a privately held Gaming company, incorporated in Maryland and headquartered in Cary, NC.
Last reported secondary-market price: $366.34 per share (as of 2026-06-11). Your own 409A may differ.
Unreal Engine; Fortnite.
Equity grants at Epic Games typically include incentive stock options (ISOs) and non-qualified stock options (NSOs).
Epic Games, Inc. is an American video game and software developer and publisher based in Cary, North Carolina. The company was founded by Tim Sweeney as Potomac Computer Systems in 1991, originally located in his parents' house in Potomac, Maryland. Following its first commercial video game release, ZZT (1991), the company became Epic MegaGames, Inc. in early 1992 and brought on Mark Rein, who has been its vice president since. After moving the headquarters to Cary in 1999, the studio changed its name to Epic Games.
Source: Wikipedia (CC BY-SA 4.0)
Tim Sweeney founded the company in 1991 as Potomac Computer Systems, renamed it Epic MegaGames, then settled on Epic Games and relocated to Cary, North Carolina. Fortnite anchors the business as both a battle royale and a creator-driven experiences platform, while Unreal Engine powers games, films, automotive design, and architectural visualization. The Epic Games Store distributes PC titles, and the 2019 Psyonix acquisition brought Rocket League in-house. Tencent holds roughly 40 percent. Judge Gonzalez Rogers found Apple willfully defied her 2021 injunction in April 2025, restoring Fortnite to the US App Store. Secondary markets price the company between 20 and 35 billion dollars after a Fortnite revenue rebound.
Sources: en.wikipedia.org · sacra.com · en.wikipedia.org
Equity comp at Epic Games
- Epic Games issues stock options (not RSUs) as the primary equity vehicle for employees, which is atypical for a company of its scale. Options are priced using an annual board-approved 409A valuation (an independent appraisal of fair market value per share, which sets the strike price employees pay to buy shares). Secondary sales require company approval and are managed through Nasdaq Private Market. During both the 2023 and 2026 layoff events, Epic offered affected employees accelerated vesting through a future date plus a two-year exercise-window extension.
Sources: epicgames.com · nasdaqprivatemarket.com
Researched 2026-05-10.
OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Epic Games.
If you are leaving Epic Games with vested incentive stock options (ISOs), most stock plans give you 90 days from departure to exercise or forfeit them. The calculator works at any valuation: enter your strike and the current 409A fair market value (FMV) or an expected exit price. It computes your window deadline, the alternative minimum tax (AMT) cost of exercising in full, and the partial-exercise share count that maximizes expected after-tax value.
Example: leaving Epic Games with 5,000 vested ISOs at a $109.9 strike, with the last reported price at $366.34, exercising all of them inside the 90-day window puts a $1,282,200 bargain element into one tax year. Above the 2026 federal AMT exemption ($88,100 single, $137,000 married joint), the 28% AMT rate adds roughly $359,016 on top of regular tax before any state AMT (CA, CO, CT, MN). Exercising fewer shares lowers that bill at the cost of forfeiting the rest; the calculator above finds the count that maximizes expected after-tax value for your exact figures.
All Epic Games tools → · Use the generic Post-Termination ISO Exercise Calculator for any company.
Epic Games equity questions
- I left Epic Games. How long do I have to exercise my ISOs?
- Most stock plans give you 90 days from your departure date to exercise vested incentive stock options (ISOs); unexercised options are forfeited when the window closes. Tax law is slightly wider: ISO treatment requires you to have been an employee within 3 months of exercise (Internal Revenue Code Section 422(a)(2)), so options exercised under an employer-extended window are taxed as non-qualified stock options (NSOs). Check your grant agreement for Epic Games's exact terms. The calculator above computes your deadline from your departure date, the alternative minimum tax (AMT) cost of exercising, and the share count that maximizes after-tax value.
- Does Epic Games grant ISOs, NSOs, or RSUs?
- Equity compensation at Epic Games 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 Epic Games 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 Epic Games 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 Epic Games equity alongside hedging, vesting, and de-concentration, across bullish, neutral, and bearish market scenarios. Free during beta.