FarEye announces ESOP buyback worth $1.2 Mn
SaaS startup FarEye has announced liquidation for Employee Stock Ownership Plan (ESOP) holders worth $1.22 million via buyback. This is the company’s second buyback till date. Previously, it had announced an ESOP buyback worth $739K in January last year. Under this liquidation, eligible employees have the opportunity to liquidate a fixed proportion of their vested ESOPs for a combined value of $1.22 million. There has been no distinction made between present and past employees. Continue reading FarEye announces ESOP buyback worth $1.2 Mn at Entrackr.
SaaS startup FarEye has announced liquidation for Employee Stock Ownership Plan (ESOP) holders worth $1.22 million via buyback. This is the company’s second buyback till date. Previously, it had announced an ESOP buyback worth $739K in January last year.
Under this liquidation, eligible employees have the opportunity to liquidate a fixed proportion of their vested ESOPs for a combined value of $1.22 million. There has been no distinction made between present and past employees.
