What makes them more or less controllable? I know they can have specific triggers applied to them so as to delay vesting. Are options somehow immune to that or is it something else entirely?
Note that I’m speaking more about private companies than public ones. But an RSU is basically only liquid if the company says it is. Shares, out of exercised options, have a lot more flexibility.
Right, but that seems to be comparing unvested RSUs to vested and exercised options. Are options more strict about what games can be played with vesting triggers?