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bux93today at 3:35 PM6 repliesview on HN

"Any unvested restricted stock units, however, were forfeited immediately."

wow.


Replies

dtdynastytoday at 3:43 PM

Isn't this normal? I thought that's how it typically works when an employee leaves a company with any method.

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ivelltoday at 3:45 PM

This is the unfair part. Quite often salary is reduced with the excuse of having stock options. So this is more like a cut in earned salary along with getting fired.

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Aurornistoday at 5:43 PM

That's the definition of "unvested"

Anyone evaluating compensation and stock options should understand vesting periods and what they mean so they're not surprised by something like this.

HomeDeLaPottoday at 7:02 PM

Ouch. Imagine being let go just a few weeks from vesting. Doesn't seem fair to let someone work for months and months in anticipation of their big prize and then yank it away at the last minute.

samuelknighttoday at 3:40 PM

This is standard in every tech RSU vest schedule I have seen.

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jeffbeetoday at 3:48 PM

That's what the word "vested" means.