Stock Based Comp - Fired & Lateral Process?
Always wondered what happened with stock based comp (unvested options) if you lateral or get fired. I assume the competitor would buy them out (and if so, is it at market value or at the issue price)? What if you get fired, do they vest automatically?
Ignore title, I'm a a VP4 so my wallet of unvested options is pretty meaningful
If you get laid off, you may have a portion of your shares vest immediately as part of a severance package. If you get fired, kiss them goodbye.
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