3 ms·
37.5 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
by nsp 11y ago
37.5 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)