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Is it regular that you just get a inventory choices contract that grants you inventory choice bundle every year with new strike value and new vesting interval?
Instance:
- On the finish of the yr 1 you get inventory choice grant for 100(base) + 100(efficiency based mostly) * 12 with 4y vesting and 1y cliff.
- On the finish of yr two you get the identical with new 4y vesting and 1y cliff.
- and so forth.
The second bizarre half is that every yr the strike value for the brand new grant for the previous yr will change based mostly on the present inventory value estimate. And measurement of the grant adjustments as properly to cowl the distinction.
I’ve made a graph(for less than the bottom 100) that describes the vesting durations https://imgur.com/a/w3n4B6I
It sounds fishy to me, however the firm is strong. I really feel like signing that isn’t deal that may depart me caught at with them with none negotiation energy on my facet. What do you assume?
submitted by /u/LIATI
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