Vest used in a sentence

Vest in a sentence as a noun

Some companies only vest in blocks each year.

He probably got some money, but did not vest most of his share.

Four years isn't the typical time for stock to vest; it's the typical time to be fully vested.

Without vesting, your cofounder would still be entitled to 50%.

And maybe I'll feel the same once my stock options vest and the mortgage, college tuition, and retirement stockings are stuffed.

This way the employee isn't screwed over, and you don't have people who were there for just a year clogging up your investor rolls.

Assuming your employment is at-will, you do not have control over the vesting of your stock options.

It IS bad. Arbitrarily deciding who does and who does not deserve to vest is ridiculous.

Its common to ask someone to take a lower salary, where, say, they're making $5,000 less each month, but they aren't vesting any shares each month.

This theoretically could mean that you have as many as 48 taxable events during the 4-year period of vesting.

If your 1M shares vest at 1/48th per month over 4 years, and you paid $.001/sh, you would have to pay tax on the "spread' at each vesting point as long as the price exceeded $.001/sh at that point.

Vest in a sentence as a verb

With NQOs, you get a right to buy company stock at a fixed strike price exercisable as your options vest over a prescribed period.

They can certainly withhold future restricted stock grants, but trying to take back already granted shares, vested or not, is beyond the pale in my opinion.

Thus, with restricted stock, you are subject to tax at ordinary income rates on the difference between what you paid for it and what its value is at each vesting point.

By the time Tamerlan was recovered, law enforcement was aware the guy was wearing an explosive vest and they had already used a fair number of IEDs that evening.

If you're an engineer at any company any of these people are invested in, you should also be reading your contract extremely carefully, perhaps also with legal help.

You're driving along a road and you notice a pothole. You pull over to the shoulder, put your hazards on, open up the trunk, take out a reflective vest and tape measure, then you begin to analyze the pothole. You spend an hour analyzing the depth and formation of the pothole and determine that the cause is due mostly to poor mixing of asphalt.

Moreover, early exercise is not possible if your options haven't vested unless you specifically get an early exercise privilege as part of your grant.

Of course, in the early-exercise scenario, you do not get to bypass vesting and your shares remain subject to their original vesting requirements and can thus be forfeited in whole or in part if those requirements are not met.

Of course, your value to the company may be such that a board will prefer to defend you and allow you to continue to vest but the point is that, through this set of events, you are vulnerable to the whims of whatever investors happen to control the board.

The salient quote from Greenwald's article on this:They completely abused their own terrorism law for reasons having nothing whatsoever to do with terrorism: a potent reminder of how often governments lie when they claim that they need powers to stop "the terrorists", and how dangerous it is to vest unchecked power with political officials in its name.