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656 points mooreds | 1 comments | 13 Apr 25 19:13 UTC | HN request time: 0s | source

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elephanlemon ◴[14 Apr 25 04:53 UTC] No.43678164[source]▶

Conspicuously missing from this is any discussion of clawbacks or repurchase rights, which can be a big deal. Sadly most people do not seem to be too familiar with these, but they should as they are quite common and very dangerous to employees.

https://www.stockoptioncounsel.com/blog/standards-ownership-...

replies(2): >>43679665 #>>43682748 #

1. jiveturkey ◴[14 Apr 25 15:59 UTC] No.43682748[source]▶

>>43678164 #

clawbacks are not common, and no one should ever accept such a package. (maybe executives, since they may have other golden parachute provisions.)

repurchase rights are exceedingly common.

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