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by tzs
1476 days ago
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According to the post, neither of them have vested shares: > We signed a founders agreement, we each have a seat on the board, and he holds a majority of shares. None of our shares have vested - my first vesting date is in 6 months when ΒΌ of my shares vest. Unvested shares are still shares. All that being unvested means is that the shares are subject to conditions such as a repurchase option that gives the company a right to buy your shares if you leave the company. Unvested shares still have the others rights of shares, such as voting and sharing in dividends. |
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