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This was a good example for finance noobs like myself -- what does the last sentence mean, though?
by irremediable 11y ago
This was a good example for finance noobs like myself -- what does the last sentence mean, though?
- nsp 11y ago37.5 basis points is 0.375%, the percent of his stock that had not yet vested and this is returned to the stock option pool to be given out to future hires
- loumf 11y agoBob has 1%, so it's 37.5% of his stock that is not vested after 2.5 years. (0.375% of the company's stock) It's 25%/year with 4 year vesting (so 25 + 12.5 for the 1.5 years left)