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He triggered a vesting option of $20 million for 2025 by exceeding 300 innings the last two years but is expected to test the market instead.

Mercer also recommends improving vesting rights for all retirement plan members and improving inflation protection — a feature of Social Security, but not of many private or corporate retirement plans.

Some employees donned vests on their one-year anniversary at Cameo in a nod to some shares vesting, two former staffers said.

Since then its U.S. operations have dropped a rule requiring a "liquidity event", such as an IPO or company sale, as a condition for the vesting to occur.

Laid-off employees will receive severance packages based on tenure, 60 days minimum of transition leave, accelerated vesting of their next stock vest, continued tuition reimbursement, career transition services and a T-Mobile service discount for life.