山东股权合伙设计:员工离职时期权要如何处理?一文讲解清楚
发布时间:2026-01-20 来源:http://www.daoshangbao.com/
公司给的期权,需要等到上市才能成熟,现在公司还没有上市但不续签劳动合同,那离职时这些期权该怎样处理?期权每年成熟20%,现在已经有40%成熟了,HR说离职了就作废了。
The options given by the company need to wait until it goes public to mature. If the company has not yet gone public but does not renew the employment contract, how should these options be handled when leaving? The options mature by 20% annually, and now 40% have matured. HR said they will be invalidated if they resign.

首先我们先来说一下员工离职时,已成熟和未成熟期权的处理通常依据股权激励协议以及公司的相关规定来进行,一般情况下期权有两种形态已成熟期权和未成熟期权两种,那么接下来我们分别的给粉丝分析一下:
Firstly, let's talk about the handling of mature and immature options when employees resign, usually based on equity incentive agreements and relevant company regulations. Generally, there are two forms of options: mature options and immature options. Next, we will analyze them separately for fans:
1、已成熟期权
1. Mature options
公司回购:如果股权激励协议中有明确约定,公司有权按照协议约定的价格回购已成熟的期权,回购价格的确定方式通常有成本定价法、估值折扣法、净资产定价法等。例如,按照员工此前支付的成本价,外加一定水平(如 5%-10% 左右)的年利息来确定回购价格。
Company repurchase: If there is a clear agreement in the equity incentive agreement, the company has the right to repurchase mature options at the agreed price. The determination of repurchase price usually includes cost pricing method, valuation discount method, net asset pricing method, etc. For example, the repurchase price is determined based on the cost price previously paid by the employee, plus a certain level of annual interest (such as around 5% -10%).
员工继续持有:部分情况下,公司可能允许员工继续持有已成熟的期权,不过可能会对其表决权等权利的行使加以限制,或者要求员工在一定期限内将期权转让给其他符合资格的员工。如果员工离职后仍可能对公司未来发展产生价值,或者承诺未来继续为公司提供帮助或资源等,公司也可能将其已成熟的期权转化为一般投资人的股权,让其长期持有。
Employees continue to hold: In some cases, the company may allow employees to continue holding mature options, but may impose restrictions on the exercise of their voting and other rights, or require employees to transfer the options to other eligible employees within a certain period of time. If an employee may still have value for the future development of the company after leaving, or promise to continue providing assistance or resources to the company in the future, the company may also convert their mature options into equity for general investors to hold for the long term.
协商解决方案:若员工对 HR 提出的作废处理有异议,可与公司进行沟通协商,争取达成更有利的处理方式,如延长股权保留期限、调整回购价格等。
Negotiation solution: If employees have objections to HR's proposed invalidation, they can communicate and negotiate with the company to reach a more favorable solution, such as extending the equity retention period, adjusting the repurchase price, etc.
2、未成熟期权:一般来说,员工离职时未成熟的期权通常不再加速成熟,会按照协议约定进行作废处理。但如果员工离职是因为一些特殊原因,如丧失劳动能力无法继续工作、退休离休等,公司也可能会根据具体情况,对未成熟期权进行折现回购,或者给予员工一定的宽限期,让期权在宽限期内继续成熟。
2. Immature options: Generally speaking, options that are not yet mature when an employee resigns are no longer accelerated and will be invalidated according to the agreement. But if an employee resigns due to some special reasons, such as loss of labor ability and inability to continue working, retirement, etc., the company may also discount and repurchase immature options based on specific circumstances, or give employees a certain grace period to allow the options to continue to mature during the grace period.
我们对粉丝提出的这个问题进行一下总结:HR 称离职后期权作废,这一处理方式需要查看当初签订的股权激励协议中是否有明确规定。如果协议中有相关条款,那么公司的做法有一定依据;但如果协议中没有明确说明,员工可以与公司协商,要求按照合理的方式处理已成熟的期权,比如由公司回购或者允许员工继续持有。
We would like to summarize the issue raised by fans: HR stated that the right to terminate employment after resignation is invalid, and this handling method needs to be checked whether there are clear provisions in the equity incentive agreement signed at the beginning. If there are relevant clauses in the agreement, then the company's approach has a certain basis; But if it is not explicitly stated in the agreement, employees can negotiate with the company to request that mature options be handled in a reasonable manner, such as being repurchased by the company or allowing employees to continue holding them.
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