What this mean?

In offer letter there is a senstence

" you grant as an XXX (job title) will be options equal to XXXXX shares of the company with a 5 year vesting"

What this mean?

所有跟帖: 

options = 公司股票期权 -布衣之才- 给 布衣之才 发送悄悄话 布衣之才 的博客首页 (260 bytes) () 08/28/2010 postreply 15:33:09

Thank you for your detailed explaination. Another question -slsl- 给 slsl 发送悄悄话 slsl 的博客首页 (143 bytes) () 08/28/2010 postreply 20:44:42

合同中应该写明是五年后vest,还是逐年vest. -布衣之才- 给 布衣之才 发送悄悄话 布衣之才 的博客首页 (150 bytes) () 08/28/2010 postreply 21:03:15

Thank you. -slsl- 给 slsl 发送悄悄话 slsl 的博客首页 (146 bytes) () 08/28/2010 postreply 21:10:24

五年内不能excercise option -难得小马甲- 给 难得小马甲 发送悄悄话 (52 bytes) () 08/29/2010 postreply 09:15:04

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