we need to explain how ESOP works

Explore the fundamentals of Employee Stock Option Plans (ESOPs), including their definition, purpose, and how they differ from RSUs. Learn about ESOP mechanics such as the 4-year vesting period with a 1-year cliff, selling shares during liquidity events, and realizing value through option exercise and sale. This session aims to provide a clear understanding of ESOPs and their role in employee compensation strategies.