5 ms·

Usually depends on the type of option. If they are 'double cliff' then the employee stock option will vest automatically, if they aren't then the emplyee will l

Usually depends on the type of option. If they are 'double cliff' then the employee stock option will vest automatically, if they aren't then the emplyee will lose them.

Kudos 7y ago
I've never heard the term 'double cliff' before, can you explain?
- samscully 7y ago
  I think they might mean "double trigger" acceleration, where the options vest automatically on change of control.