I was recently let go from my company due to a reduction in force, and I have received a letter saying I have vested options available for exercising. Although I would like to, I cannot afford to purchase them. However, their current value is more than what they are valued when they became available.
If I simply wanted to buy and then sell them back to the company for profit, is this doable? Do I just speak with a representative of the company about this? And what parts of that sale would I be accountable for, tax-wise?