GroovyPenguin
GroovyPenguin

Understanding How ESOPs work

So i was allotted x numbers of Esops when i joined out of which y number of esops have been vested the price at the time of my joining was 40USD/unit and now the buyback option has been offered to us at 30USD per unit. I can sell 30% of y units vested. I am at a loss of 10USD per unit given my allotted units stood at 40USD a unit. Will i get anything or not cause some folks in my company are saying that i will have to pay from my pocket as i am at a loss of 10$ per unit so i should not fill buyback form. Please help me understand and help me out.

25d ago
2.2Kviews
Find out if you are being paid fairly.Download Grapevine
No comments yet

You're early. There are no comments yet.

Be the first to comment.

Discover more
Curated from across