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I've seen an instance where someone would have to be 3 years at company to be able to cash their shares. He took it as an exchange for lower salary to help comp
by varispeed 3y ago
I've seen an instance where someone would have to be 3 years at company to be able to cash their shares. He took it as an exchange for lower salary to help company grow. The owners closer to 2 year mark would make his life at company a hell, just so he would quit.
He couldn't bear to work there anymore so he left and lost the shares.
- polynomial 3y ago3 years is or at least was absolutely standard. I did notice an uptick in 4 year vests, but not enough evidence to call it a trend.
- rfrey 3y ago3 or 4 years for full vesting, sure - but not to start vesting. A 6 month or 1 year "cliff" where you start vesting a portion of your shares is pretty standard.