I see the term “rest and vest” used in the media a lot for a scenario that doesn't align with my understanding of the term.
Here the article says that long time employees who are coasting are doing “rest and vest”.
But, I always thought this referred specifically to employees of a startup after being acquired by a big company. Like, they worked hard pre acquisition, and after the vesting period is over they will go to another startup, but in between they “rest and vest”.