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That seems reasonable, but it would be potentially costly and so it's unlikely to happen.
by notadoc 9y ago
That seems reasonable, but it would be potentially costly and so it's unlikely to happen.
- hn_throwaway_99 9y agoIt absolutely DOES happen for C-level execs - I've been at a company where it happened and the (IMO extreme) payout was revealed in the S-1 filing when the company IPOed. It's yet another example where the rules at the top are created specifically to benefit them at the expense of everyone else.
- walshemj 9y agoIts because the c level execs have the resources to hire lawyers to exercise their rights