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I'm not sure of the details, but I think it's rooted in tax law -- that the options are classified differently if they're exercised within a year of their creat
by spacehome 13y ago
I'm not sure of the details, but I think it's rooted in tax law -- that the options are classified differently if they're exercised within a year of their creation.
- cbr 13y agoIf that's the issue the options could vest monthly but just prohibit you from exercising them for a year. (not a lawyer) The standard reason for the cliff is that at first an employee slows everyone else down as they come up to speed, and then they start to help.