4 ms·
He joined less than a year ago. Assuming he received a standard options package, I doubt his options vested.
by ucha 13y ago
He joined less than a year ago. Assuming he received a standard options package, I doubt his options vested.
- daviding 13y agoLiquidity event clause would be normal here and he'll be vested all in, especially as he's not a regular employee. As a C-level they'll be handcuffs on the FB stock part for sure as well.
- azth 13y agoWouldn't he just have to wait until they vest then? Or does the situation change post-acquisition?
- danielweber 13y agoHe could have negotiated something better. But so would Oculus.
- gstar 13y agoIt's pretty much inconceivable that he'd have a "standard options package" He would have been courted, offered a substantial slice of equity, and his contribution and membership of the leadership team (he's the CTO!) would have significantly contributed to the valuation. He'd have made out huge-time.