I’ve never heard of a company taking away vested options. It invalidates the meaning of the word ‘vested.’
Bloomberg News consultant Graef Crystal talking about Yee Lee, who, upon leaving Skype, found that his vested options had been repurchased at the grant price by the investors, who were led by private equity firm Silver Lake Partners.
Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.
We also solicit original full-length posts and accept some unsolicited submissions.
