Idea Details

 

Accelerated Vesting by time period (not just # quantity)

Last activity 06-29-2023 15:09
David Wieseneck's profile image
By: David Wieseneck
06-06-2023 06:00

Use case: Company does a round of layoffs & as part of the severance package offers to accelerate vesting by 1 year. 

  • I know we can accelerate vesting for an individual option holder manually but you have to manually calculate the # of options to accelerate.
  • Ideally, you could accelerate by a time period (ie 1 year acceleration) without having to calculate the number as an input.
  • Also - would be helpful when you want to bulk update multiple people for the layoff & each person has a different amount of shares.
  • In a layoff scenario, you may have 100s of people to accelerate
  • This is a common scenario in downsizing (aka RIFs)


Comments

06-29-2023 15:09

David always has the best product ideas.

06-06-2023 14:15

Thanks for sharing, David! I've submitted this to our product team for review.