4 ms·
Not much of a story here. The guy got a better offer and he took it: > I was given an offer that would explode same day. I had to forfeit all of my vested shar
by bachmeier 1y ago
Not much of a story here. The guy got a better offer and he took it:
> I was given an offer that would explode same day. I had to forfeit all of my vested shares earned over my 3.5+ years at Windsurf.
- mitthrowaway2 1y agoIt's still pretty shocking to have to forfeit shares that have vested.
- nocoiner 1y agoIt’s like, what does vesting even mean? Was this a scenario where he lost them because some sort of “cause” event occurred, like leaving to work for a competitor? I can’t imagine that would even be valid under CA law? I’m not even sure who was forcing him to forfeit his shares…
- SAI_Peregrinus 1y agoVest has two meanings: If it's a stock option, then it means you have the ability to purchase a share at a pre-determined price, no matter the current public price of the stock (or even if there is no public price). If it's a Restricted Stock Unit, it means you own that share.
- charcircuit 1y agoThe author refers to them as "my shares" which implies he has possession of the shares.
- deleted 1y ago[deleted]
- deleted 1y ago[deleted]