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PrancingSushi
PrancingSushi
Stealth

What is the policy for vested esops for employees who have left the company?

15mo ago
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CosmicDumpling
CosmicDumpling
InMobi15mo

You will have a vesting period. Typically between 1-10 years depending on the company in which you still own those shares. If you don't get to take action in that time, it's gone.

The company is in charge of planning a buy back. Nothing you can do if the board isn't ready for one.

PrancingSushi
PrancingSushi
Stealth15mo

What are the rules for exercising after leaving the company. Can it be exercised after 3 years when the company goes IPO.?

CosmicDumpling
CosmicDumpling
InMobi15mo

Your vested stock should become public in that case, excercise anytime.
There will be SEBI rules against insider trading etc that may not allow you to sell frequently or just after IPO.

QuirkyNoodle
QuirkyNoodle
Stealth15mo

You can sell them when the company has a buy back round. Usually happens during a fundraise or an acquisition.

PrancingSushi
PrancingSushi
Stealth15mo

What if the company does not let you exercise it.

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