ESOP

CarDekho will be buying stocks from existing and former employees

These employees will be able to encash 50% of the vested stocks

CarDekho is now looking to move towards EV boom

The board of OYO approved ESOP plan in August

250 employees will be part of the first round

An existing investor will lead the secondary acquisition programme

OYO has more than 10K employees

The resolution comes after the company’s board approved the new ESOP 2018 plan in July

The total ESOPs offered by OYO stand at 8,893 now

Harshil Mathur, CEO of Razorpay said that the company negotiated a secondary deal with Tiger Global

The transaction was done at a 50% premium to the valuation

The ESOP encashment is the first liquidity event for the company and its 250 employees

The current Flipkart employees will be allowed to liquidate their employee stock ownership plans (ESOPs) at $126-128 per unit

Walmart is obligated to purchase 6,242,271 shares from Flipkart’s ESOP pool

The worth of Flipkart’s total Esops is about $1.5 Bn based on the per-share purchase price

A number of senior as well as middle management executives had vested their stock options in Rivigo

Rivigo founders Gazal Kalra and Deepak Garg didn’t buy back any shares

Esops make 7-10% of Rivigo's overall shareholding

OYO has about 4,700 employees working at OYO’s hotel chain across 160 cities in India

The new ESOP plan of OYO is aimed at motivating its employees

The compensation committee formed by the OYO board of director will administer the ESOP

• The share sale has valued the company at around $2.5-3 bn and was completed around May-end.
• This enabled large-scale Esop (employee stock ownership plan) encashment for former and early employees of Ola
• Ola is looking to raise funds from Temasek in a separate deal which will be a combination of primary and secondary capital

Accel Partners’ Chief People Officer Narayan Thammaiah Shares Best Practices For Startups To Structure ESOPs And For Employees to Exercise Them

Flipkart ESOPs Subject to ‘Terms and Conditions’: Neither Former Nor Current Employees Can Sell 100% of Vested Stock Options

Existing Employees Looking To Participate In The Buyback Offer Will Be Able To Tender Up To 50% Of Their Vested Options By June 1

Urban Ladder Will Grant Options Exceeding 1% Of The Issued Capital