Kiinnitysaikaväli

Kiinnitysaikaväli refers to the period during which a financial instrument, such as a share option or a stock grant, cannot be exercised or sold by the recipient. This concept is commonly found in employee compensation plans, particularly in technology and startup companies. The purpose of a kiinnitysaikaväli is to incentivize employees to remain with the company for a specified duration, aligning their interests with the long-term success of the business.

Vesting schedules typically vary, with common examples including cliff vesting and graded vesting. Cliff vesting means that no portion of the award vests until a specific date, often one year after the grant date. After the cliff, the entire amount may vest at once, or it may continue to vest in increments over time. Graded vesting, on the other hand, allows for portions of the award to vest incrementally over a predetermined period, such as monthly or quarterly. This means that a certain percentage becomes available to the employee at regular intervals.

The terms of the kiinnitysaikaväli are usually outlined in a formal agreement between the company and the employee. Understanding these terms is crucial for employees as it dictates when they can access the value of their equity compensation. If an employee leaves the company before the kiinnitysaikaväli is fully completed, they typically forfeit any unvested portion of their award. This mechanism is a standard practice for fostering employee loyalty and commitment.