| Topic Name: |
Equity Compensation in 5 month old startup |
| Message Name: |
Stock option |
| Date Posted: |
03/07/2001 |
| Message: |
I currently have stock options totaling 100,000 shares. 100% vesting will not happen for 3 more years.
The company is looking for more venture capital funding. At the same time they are entertaining the possibility of a sale or merger.
Due to the fact that money is extremely tight I've considered working for 1/2 my wages (for a few months) with the agreement that if the company is sold or we go IPO my stock will be fully vested at that time. My question is, if a non public company is acquired by a public company, are all stock options normally vested as part of the purchase agreement?
I've been told this is the norm, if so I may want to negotiate a different deal.
|
|
