Comment by gchamonlive
13 hours ago
It was meant to be four quarters, though. This was a clerical error, so why not offer to settle as if the clerk hadn't made a typo? "Yes technically you are owed this ridiculous amount of money, but it was meant to be a fraction so you get nothing unless you sue" seems harsh from Nvidia.
On the other hand this could open precedent in other cases, current and future, so it's an understandable position not to offer to settle preemptively just for a display of good faith.
It’s not clear what was “meant” to happen since the stated offer was for a 4 year vest. While the cover letter for the actual options grant says 4 quarters. It would be interesting to see what the actual governing documents referenced in the cover letter say since those are the actual terms. Presumably they match with the cover letter since lawyer time was spent on this at all, but it could of course also say a completely different 3rd vesting schedule