Flipkart Employees
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Walmart-backed Flipkart's staff members to cash in on employees stock options worth $800 mn at $126-128 per share
•Walmart-backed Flipkart will offer its employees an opportunity to cash in on part of their stockholding in the company at $126-128 per share, according to an e-mail to staff.
Flipkart employees to get $125-129 for ESOPs after Walmart picks up 77% stake at $16 bn in home-grown giant
•Flipkart's urrent employees will be able to vest up to 50 percent of their stock options now, followed by 25 percent in the second and third year.
Flipkart investors, employees trimming stakes as part of $2.5 billion SoftBank deal
•Employees and ex-employees can tender their shares back to Flipkart at slightly more than $85, sources said. The transaction will leave Tiger Global and the Vision Fund each with roughly 20 percent stakes in Flipkart.