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Stock fluctuations are irrelevant with this amount... stock could tank 20% and here's still getting $175M
by hanniabu 3y ago
Stock fluctuations are irrelevant with this amount... stock could tank 20% and here's still getting $175M
- jvmfjvfjvf 3y agoThe stock would be worth less than his options price. Why would he still get $175M?
- djcapelis 3y agoThey’re not options, they’re grants of stock units which vest over time. A unit of stock is a share granted and vesting at its full price, not an option to buy stock at some price later. While startups use options, most large public tech companies typically do not.