orig. post on Quora Dan Walter’s Answer This is actually possible under two scenarios. One of these is very common. The first scenarios happens all the time. If the company does a reverse split (the number of outstanding shares is … Continue reading → http://performensation.com/is-it-possible-for-the-strike-price-of-options-to-increase-after-it-is-granted-in-a-private-company-if-so-what-is-the-cause/