Re:Startup Stock Option Changes
by seattle_spring on Thursday July 30, 2015 @09:22PM
(#9979395)
My retention equity grant after an acquisition was 10/20/30/40. I just left after 2 years partially because I realized that the schedule was insulting and I had barely vested a small slice of the pie.
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I have a 2 year cliff (which I would hit 2 June 2016) on 4 year vest. I would not recommend this to anyone on either side of any transaction.
I've never seen a 2 year cliff. Can you say what company?
Not standard at the company. Unique as part of acquisition.
Got it thanks. There are all sorts of nonstandard things that happen after acquisitions. Too hard to capture those here.
1/2/3/4 is much more common in acquisitions than it is anywhere else, so maybe the dystopia that is these kind of deals will become the norm for regular hiring.
Yeah, the only way I would go along with something like that would be if I received a higher percentage than what is currently standard. I would expect something like double the percentage associated with a 4/1 deal.