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I 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
by jjeaff 4y ago
I 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.