Earlier, departing employees had up to 10 years to exercise the stock options they earned during their tenure. However, the ...
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More than one company’s decision, the Unacademy episode is a sectoral stress test highlighting the need for more specific ...
Unacademy’s ESOP move asks former employees to exercise options now, triggering tax today for a chance, not a guarantee, of ...
Gaurav Munjal said Unacademy is under M&A discussions at a similar valuation for an all-stock deal where there will be no ...
Unacademy revises its ESOP policy, limiting former employees to a 30-day window for exercising vested stock options.
Unacademy has amended its employee stock option plan (ESOP), sharply reducing the time former employees have to exercise ...
Mumbai: Unacademy has changed its employee stock option (ESOP) rules for former employees. Earlier, employees who left the ...
Unacademy emphasised that this amendment is a one-time opportunity for former employees to achieve parity with equity shareholders.
This comes as the edtech firm negotiates a potential all-stock sale to UpGrad, reported first by Moneycontrol, while restructuring its leadership and grappling with a sharp markdown ...
Unacademy has amended its employee stock option plan (ESOP) for former employees where they can now exercise their options within 30 days of exit, compared to 10 years earlier.