Rumor
Former Flipkart executives reportedly seek to sell all their vested stock options
Inc42 says July's buyback let eligible employees sell 5% of vested options; over 1,000 former employees reportedly joined the appeal.
TLDR
Inc42 says former top Flipkart executives reportedly wrote to Walmart seeking to sell all their vested employee stock options. More than 1,000 former employees reportedly joined the appeal. In a July buyback, eligible employees could sell only 5% of their vested options. Walmart says it will look into their concerns, while Flipkart's IPO plans remain dependent on the right timing.
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