Even under Enron's option plan, in which options fullyvested in three years, an unusually quick rate, Skilling wound up holding many Enron shares he couldn't legally sell.
The standard three-year cliff schedule is used in some cases, where the employee becomes fullyvested in all of the options issued to him or her at that time.
TixToGo offered employees their deferred salaries in the form of fully-vested stock or cash (their choice), contingent on the company's ability to land financing.