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So you didn't lose "all" your options, right? Or do you mean you didn't even have the first tranche (usually 12 month) options vest?
by phonon 8y ago
So you didn't lose "all" your options, right? Or do you mean you didn't even have the first tranche (usually 12 month) options vest?
- commandlinefan 8y agoWell, what actually happened was we agreed to transfer our options to the new company, but the vesting period started over again. Since the old options were worthless anyway, it sounded like a good deal (and it was the only option we were given). So then when we were all fired three months later, nothing was vested.
- gumballhead 8y agoThe old options were worthless because the acquisition price per share was below your strike?