RiverNorth Long Prime Unicorn Fund I, Inc. Post-Termination ISO Calculator

Calculator · free · no signup · pre-IPO

Left RiverNorth Long Prime Unicorn Fund I, Inc. with vested ISOs? Most plans give you 90 days to exercise or forfeit. See your deadline, the AMT cost of exercising, and the share count that maximizes after-tax value.

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Your grant

pre-IPO? leave blank — enter price + growth manually
3 yrs
10%
20%
5.0%

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: $171,946 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.

$0$43K$86K$129K$172K02,5005,0007,50010,000
Recommended (10,000)Full exercise (10,000)

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.

110,000
20
30

Federal AMT credit

Earned

$134,654

Recovered

$29,764

Remaining

$104,890

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.

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About RiverNorth Long Prime Unicorn Fund I, Inc.

RiverNorth Long Prime Unicorn Fund I, Inc. is a public Other company, incorporated in Maryland and headquartered in West Palm Beach, FL. IPO'd Jun 8, 2026.

Equity grants at RiverNorth Long Prime Unicorn Fund I, Inc. typically include incentive stock options (ISOs), non-qualified stock options (NSOs), and restricted stock units (RSUs).

RiverNorth Long Prime Unicorn Fund I, Inc. is a non-diversified, closed-end fund (a pooled investment vehicle with a fixed share count that trades on a stock exchange) listed on the NYSE under ticker UNIU. Managed by RiverNorth Capital Management, LLC, a West Palm Beach and Chicago-based investment firm founded in 2000 that oversees roughly $5.2 billion in assets, the fund seeks to track the Prime Unicorn 30 Index, which measures the 30 largest U.S.-incorporated, venture-backed private companies with valuations above $1 billion. It achieves that exposure through swap agreements (contracts that exchange the returns of those private company shares without directly holding them), with gains capped at 100% over the fund's term.

Sources: sec.gov · sec.gov · primeunicornindex.com

Equity comp at RiverNorth Long Prime Unicorn Fund I, Inc.

  • RiverNorth Long Prime Unicorn Fund I, Inc. is a closed-end management investment company, not a technology operating company. It does not grant RSUs or equity compensation to employees. The fund provides investors with exposure to private high-growth companies tracked by the Prime Unicorn 30 Index (a rules-based benchmark of the 30 largest U.S. venture-backed private companies) through swap agreements (contracts that exchange the returns of those private company shares without directly holding them). Equity compensation for employees of the investment adviser, RiverNorth Capital Management, LLC, would be governed by that separate entity and is not documented in fund filings.

Sources: sec.gov · sec.gov

Researched 2026-06-10.

OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by RiverNorth Long Prime Unicorn Fund I, Inc..

If you have left RiverNorth Long Prime Unicorn Fund I, Inc. with vested incentive stock options (ISOs), most stock plans give you 90 days from your departure date to exercise or forfeit them. Exercising everything at once concentrates the AMT bargain element into a single tax year. This calculator computes your window deadline from your departure date, the alternative minimum tax (AMT) cost of a full exercise at the current trading price, and the partial-exercise share count that maximizes expected after-tax value.

All RiverNorth Long Prime Unicorn Fund I, Inc. tools → · Use the generic Post-Termination ISO Exercise Calculator for any company.

RiverNorth Long Prime Unicorn Fund I, Inc. equity questions

I left RiverNorth Long Prime Unicorn Fund I, Inc.. 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 RiverNorth Long Prime Unicorn Fund I, Inc.'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 RiverNorth Long Prime Unicorn Fund I, Inc. grant ISOs, NSOs, or RSUs?
Equity compensation at RiverNorth Long Prime Unicorn Fund I, Inc. 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 RiverNorth Long Prime Unicorn Fund I, Inc. IPO lockup expire?
RiverNorth Long Prime Unicorn Fund I, Inc. went public on June 8, 2026. The standard post-IPO lockup runs 180 days, so employee and insider shares generally became sellable around December 5, 2026. Confirm against your own grant paperwork, since some lockups release early or in stages.
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