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Ha, those employees got a huge payday already when Elon overpaid for twitter. They all have some f-u money to tell Elon to pound sand.
by rdtwo 4y ago
Ha, those employees got a huge payday already when Elon overpaid for twitter. They all have some f-u money to tell Elon to pound sand.
- klyrs 4y agoI'm actually curious about that. How much of that money is locked in options/RSUs that won't vest if they aren't employed in 3 months?
- deleted 4y ago[deleted]
- jjeaff 4y agoI am no expert on this. But I believe in the case of a buyout, all the outstanding options and RSUs would be automatically vested and exercised. Lockouts wouldn't make any sense now that the company is no longer public.
- FartyMcFarter 4y agoI believe the conditions were that existing employees would receive cash at the time each batch of shares would have vested.