2 ms·
Also known as single trigger (the change of control being the trigger). More common for a CTO role is double trigger, meaning you forward vest if there's a chan
by malvosenior 15y ago
Also known as single trigger (the change of control being the trigger). More common for a CTO role is double trigger, meaning you forward vest if there's a change of control AND you are not needed in the new company (laid off).
Generally single trigger seems to be popular for the more business-y type roles that tend to not be needed as much as tech roles in the acquiring company.