ESOP Exercise Query
Hi Guys, what is the “Exercise event” for the ESOPs allotted by Indian startup’s? Note: Exercise event means when the vested ESOPs can be allotted. I have come across a couple startup’s which have a very sketchy Exercise event I.e 4 years after vesting of “all the allotted ESOPs” So I’m trying to figure out how other startup’s are doing it in BLR/Metro cities in India.
Think most startups follow 25% vesting each year with a one year cliff
Yes I get that. My Question is what happens after 25% is vested in year 1.
When can this be exercised?
i don’t think you can exercise it unless the stocks are open in the market or there’s a company buyback
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Dezi Denver
Stealth
a year ago
Employees need to send a notice to company stating they wish to exercise. This needs to be formally sent by employee and company is not obligated to inform.
