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Most employees of startup companies are given restricted stock with a typical 4-year / 1-year cliff vesting schedule. Aka - they have to be with the the company
by dakrisht 13y ago
Most employees of startup companies are given restricted stock with a typical 4-year / 1-year cliff vesting schedule. Aka - they have to be with the the company for 4 years to vest 100% of their shares (25% gets vested on the "cliff")
- greghinch 13y agoAlso with options, you generally still have to buy the vested portion when you leave, usually within something like 90 days. So you actually have to spend money to keep them, and hope the share price goes up