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> If the company had their paperwork in order, the OP should have maybe 5% Vesting usually happens over 4 years, so quitting after 1 year means 20%/4 = 5%. Aft
by vladd 15y ago
> If the company had their paperwork in order, the OP should have maybe 5%
Vesting usually happens over 4 years, so quitting after 1 year means 20%/4 = 5%. After accounting for dilution due to investors, other stock grants and employees grants, I doubt it can be bigger than 1-2%.
- jonnathanson 15y agoAll of this assumes, of course, that there was a contract or signed, written agreement in place, with vesting as an explicitly stated term. What "usually" happens is, sadly, irrelevant unless it was stated in a contract in this case. There are moral arguments to be made here, and there are standards and practices that can be applied for and against those moral arguments. But it all comes down to what was, or was not, signed on paper. Founders should have written agreements in place, or else risk some very expensive lessons in due diligence.