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The stock would be worth less than his options price. Why would he still get $175M?
by jvmfjvfjvf 3y ago
The 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.