What this mean?

In offer letter there is a senstence

" you grant as an XXX (job title) will be options equal to XXXXX shares of the company with a 5 year vesting"

What this mean?

所有跟帖： 

• options = 公司股票期權 -布衣之才- ♂ (260 bytes) () 08/28/2010 postreply 15:33:09

• Thank you for your detailed explaination. Another question -slsl- ♀ (143 bytes) () 08/28/2010 postreply 20:44:42

• 合同中應該寫明是五年後vest,還是逐年vest. -布衣之才- ♂ (150 bytes) () 08/28/2010 postreply 21:03:15

• Thank you. -slsl- ♀ (146 bytes) () 08/28/2010 postreply 21:10:24

• 五年內不能excercise option -難得小馬甲- ♂ (52 bytes) () 08/29/2010 postreply 09:15:04