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> and all if his shares vest immediately I don't think so. I believe they only get the November 15, 2022 vesting.
by sumitgt 4y ago
> and all if his shares vest immediately
I don't think so. I believe they only get the November 15, 2022 vesting.
- compsciphd 4y agowhich if there's a 1 year cliff, means he didn't have a vesting date then....
- charcircuit 4y agoMeta does not do cliffs.
- compsciphd 4y agook, didn't know that, though would he still have had a vest date then? ex. lets say meta vests one per month on the 15th, and he starts on the 14th, would he normally have vested right away, or would he have had to wait to Dec 15th? (and can apply to whatever schedule you want, just picked a monthly one for example sake).
- charcircuit 4y agoI don't know enough about Meta to answer that.
- rullelito 4y agoA (vesting) cliff doesn't mean you have to wait 1 year for the vesting, it means that your vesting significantly reduces after 1 year.
- stavros 4y agoI don't know how you've seen it, but I've seen it mean exactly that. A one-year cliff means that your whole year (usually your first) vests at once, in one day.
- kortilla 4y agoNo, that’s not what a cliff is. https://www.investopedia.com/terms/c/cliffvesting.asp https://www.investopedia.com/terms/c/cliffvesting.asp What you’re talking about is front-loading or ballooning vesting schedules.
- jbverschoor 4y agoI think you're right