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system
do post-ipo 'insider' stock lockup periods still apply if you separate from the company
user
there are quite a few regulations on "insider trading". blackouts are one of the means companies adopt to comply with "insider trading" regulations, mandating employees to refrain from selling/buying during the notified period. once you leave the employment: so unless there is an urgent need for you to sell/buy the options, wait for some time and then indulge in trade.
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