# Material event making your 409a stale?

**What’s coming:** Let your employees know your 409a is out of date and their taxes may be impacted if exercising.

**Who this affects:**
- Users: Equity administrators and option holders
- Packages: Starter, Growth, Scale, and IPO-Ready will receive this functionality. Any customer with 409a in their subscription.

**What’s better:**
Proactive, in-app communication: When enabling this functionality, all option holders, upon exercising, are shown a disclaimer that the FMV is stale and this could impact their taxes. See the full disclaimer below in “Option Holder view”.

**Equity Administrator view:**

**Option Holder view:**

**Timing:** Rolling out to all 409a customers on September 30th.

Connor Bathen