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The last place I worked had an explicit clause in the RSU agreement that essentially said "if we get bought the price per share for unvested stock will be given
by philjohn 5y ago
The last place I worked had an explicit clause in the RSU agreement that essentially said "if we get bought the price per share for unvested stock will be given to you as cash".
- bogomipz 5y agoI'm curious was the complete cash out immediate or did it assume the same schedule as the vesting? I'm guessing if the cash out is immediate the company would then run the risk that those people might exit?
- philjohn 5y agoI believe it was immediate, but I don't have the grant document anymore to check.