3 ms·

It's still pretty shocking to have to forfeit shares that have vested.

• nocoiner 1y ago
  It’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 ago
    Vest 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 ago
      The author refers to them as "my shares" which implies he has possession of the shares.