A Cliff is the conclusion of a length of time after which point a significant number of shares of restricted stock or options vest. A common Cliff under a vesting schedule is 25% vesting after one year.
« Back to Glossary IndexA Cliff is the conclusion of a length of time after which point a significant number of shares of restricted stock or options vest. A common Cliff under a vesting schedule is 25% vesting after one year.
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