Many employees stock options plans vest the options on change of control. All th... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		batguano on Sept 4, 2023 \| parent \| context \| favorite \| on: “X” Didn’t Pay Severance. Now It’s Facing 2,200 Ca... Many employees stock options plans vest the options on change of control. All the ones I’ve had did.

wmf on Sept 4, 2023 [–]

What does that have to do with severance?

batguano on Sept 4, 2023 | [–]

The severed employees likely had accelerated stock vesting the moment Elon took ownership.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact