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🌍 US & Europe · Vesting & exerciseDouble-trigger acceleration
Also called: double trigger acceleration
In one line
Acceleration that requires two events — usually a change of control plus you losing your job — before unvested equity vests early.
In plain English
The common, acquirer-friendly version: your equity accelerates only if the company is acquired and you're then terminated (or demoted). It protects you specifically against being pushed out after a deal.
If you were explaining it to a 5-year-old
You get all your remaining squares early only if two things happen: the club is sold AND you're asked to leave.
Why it matters when you sell
Whether and how your acceleration triggers affects how much you'd walk away with in an acquisition versus selling shares now.
Related terms
Put it to use
When you're ready to go deeper, there's an optional Equity Toolkit and Report.
Sources
A general market-practice term. See how we define and source the glossary in our methodology. General information, not advice.
Educational information only — not financial, tax or legal advice, and not an offer to buy or sell any security. Definitions are general; your own documents and local law govern your situation. PrivateTechShares is independent and not a broker or marketplace.