Vesting period
Vesting Period
Description: A vesting period defines a portion of shares that vest.
Referenced By (1): - Vesting Schedule Template
References (5): - Decimal - Performance Condition - Period Unit - Vesting Method - Vesting Occurs
Example:
{
"order": 1,
"percentage": "25",
"vestingMethod": "MONTHLY",
"vestingOccurs": "SAME_DAY_AS_START_DATE",
"length": 12,
"lengthUnit": "MONTH"
}
Properties:
| Property | Type | Description | Required |
|---|---|---|---|
cliffLength |
INTEGER |
The duration until the cliff. Constraints: Format: int32 |
- |
cliffLengthUnit |
Period Unit | The unit of the cliff duration (days, months, years). | - |
cliffPercentage |
Decimal | The percentage of shares that vest at the cliff. | - |
immediatePercentage |
Decimal | The percentage of shares that vest immediately on the vesting start date. | - |
length |
INTEGER |
The duration of the vesting period. Constraints: Format: int32 |
- |
lengthUnit |
Period Unit | The unit of the duration (days, months, years). | - |
milestoneName |
STRING |
The name of the milestone for milestone-based periods. Constraints: Max length: 500 |
- |
order |
INTEGER |
The order of this period in the vesting schedule. Constraints: Format: int32 |
- |
percentage |
Decimal | The percentage of shares that vest in this period. | - |
performanceCondition |
Performance Condition | The performance condition associated with this period. | - |
vestingMethod |
Vesting Method | The frequency at which shares vest. | - |
vestingOccurs |
Vesting Occurs | When vesting occurs within each period (e.g., same day as start date, first of month, last of month). | - |