3 ms·
I don't think right of first refusal ever applies to vested stock. Assuming you have stock, not options. Once its vested, its yours. The amount of abuse that ma
by ojbyrne 16y ago
I don't think right of first refusal ever applies to vested stock. Assuming you have stock, not options. Once its vested, its yours. The amount of abuse that management can do to your vested stock is balanced by that right of ownership.
- tptacek 16y agoGoogle [employee "stock option" "first refusal"] for a bewildering variety of contract terms that express this requirement. The share is indeed yours, but it's subject to whatever terms you agreed to in your employee stock contract, and to whatever terms are in the company legal documents.
- ojbyrne 16y agoWe're talking at cross purposes. You're talking about options, I'm talking about restricted stock (which is what I have experience with).
- tptacek 16y agoI'm talking about the (common?) stock you receive after executing (and presumably paying for) your vested stock options. I really don't think we're talking at cross purposes. Does your employer allow you, contractually (employment or company bylaws or whatever), to resell your shares?