Seonglae ChoVesting Plan, Stock Option
The point at which someone acquires the rights and benefits that arise from legal ownership of property
Stock Option Cliff
In Korea, it's a minimum of 2 years
In the US, there are no restrictions, but typically 1 year
Vesting Equity
Vested equity is the process of earning the right to own or exercise equity compensation over a set period of time.
Front-loaded Vesting
Companies traditionally use a 4-year vesting schedule where employees get 25% of their total equity grant every year for 4 years as long as they're with the company.
