3 ms·
> Why else would they choose to have equity vest quarterly instead of with each pay period? This makes sense for reduced paperwork if the company is buying bac
by gopalv 5y ago
> Why else would they choose to have equity vest quarterly instead of with each pay period?
This makes sense for reduced paperwork if the company is buying back 28% of the shares to pay taxes instead of selling it to the market to pay the taxes - the company can reduce the open market sale on vesting days, but keep it as a single event within the quarter (advance tax payment per quarter).
- davidlee1435 5y agoIs this the only reason why we can’t have biweekly vests? This sounds like something solvable with technology, no?