3 ms·
It's double trigger vesting. You vest proportionally based on your length of employment but the company is private so you can't liquidate and then they fully ve
by pb7 2y ago
It's double trigger vesting. You vest proportionally based on your length of employment but the company is private so you can't liquidate and then they fully vest (meaning you can sell what had vested by the end of your employment) again at IPO (+lock up period).