{"status":true,"post":{"id":41862,"user_id":29,"status":1,"type":1,"orde":null,"notification_type":3,"static_post":0,"published_at":"2023-07-24 08:34:00","created_at":"2023-07-24T05:34:00.000000Z","updated_at":"2023-07-24T05:34:00.000000Z","edited_at":"2024-12-17 22:35:21","source_id":null,"post_id":41862,"is_featured":0,"title":"\u00c7al\u0131\u015fanlar\u0131n hisse edinme opsiyonlar\u0131: Vesting","slider_title":null,"slider_title_2":null,"slider_spot_title":null,"slider_spot_title_2":null,"home_title":null,"sub_title":null,"category_id":73,"description":"AV. MUHAMMET AKSAN","content":"

\u00a0<\/span><\/p>

\u00c7al\u0131\u015fanlar\u0131n belirli ko\u015fullar ile ortakl\u0131\u011fa kat\u0131l\u0131m\u0131 olarak nitelendirilebilen hisse edinme opsiyonlar\u0131, \u00e7al\u0131\u015fanlar\u0131 belirlenen hedefleri ger\u00e7ekle\u015ftirmeye motive etmek, onlar\u0131 \u015firket b\u00fcnyesinde uzun soluklu olarak \u00e7al\u0131\u015fmaya te\u015fvik etmek ve b\u00fcy\u00fcmekte olan \u015firketlerin ihtiya\u00e7 duyduklar\u0131 i\u015fg\u00fcc\u00fcn\u00fc daha ucuza mal etmek amac\u0131yla uygulan\u0131yor.<\/span><\/p>

\u00a0<\/span><\/p>

T\u00fcrk\u00e7e\u2019ye \u2018hakedi\u015f\u2019 olarak \u00e7evrilen vesting, \u00f6zellikle startuplar taraf\u0131ndan tercih edilen, i\u015fveren ve \u00e7al\u0131\u015fan aras\u0131nda imzalanan bir s\u00f6zle\u015fme ile \u00f6nceden belirlenmi\u015f \u015fartlar\u0131n ger\u00e7ekle\u015fmesi ve\/veya vadelerin dolmas\u0131 ile hissenin \u00e7al\u0131\u015fana devrini hedefleyen hisse senedi edindirme y\u00f6ntemidir.<\/span><\/p>

\u00a0<\/span><\/p>

Belirtmek gerekir ki; vesting sadece hisse devrine ili\u015fkin de\u011fildir. Taraflar\u0131n anla\u015fmas\u0131 halinde emeklilik plan\u0131 veya prim \u00f6demeleri gibi \u00e7al\u0131\u015fana tan\u0131nacak farkl\u0131 menfaatler de vesting konusu yap\u0131labilir. Ayr\u0131ca \u00e7al\u0131\u015fana devredilmesi planlanan hisselerin niteli\u011fi farkl\u0131l\u0131k g\u00f6sterebilir. Mesela oy hakk\u0131ndan ari olabilece\u011fi gibi imtiyazl\u0131 da olabilir.<\/span><\/p>

\u00a0<\/span><\/p>

VEST\u0130NG MODELLER\u0130\u00a0<\/span><\/strong><\/p>

\u00a0<\/span><\/p>

Tek u\u00e7urumlu vesting:\u00a0\u00c7al\u0131\u015fana belirli bir tarihte, \u00f6ng\u00f6r\u00fclen hissenin tamam\u0131n\u0131n devrini sa\u011flar. \u00d6rne\u011fin iki y\u0131ll\u0131k bir u\u00e7urum program\u0131nda \u00e7al\u0131\u015fan iki y\u0131l tamamlanana kadar hi\u00e7bir hakk\u0131 elde edemezken iki y\u0131l\u0131n tamamlanmas\u0131 ile belirlenen hissenin veya hakk\u0131n tamam\u0131n\u0131n devrini talep edebilir.<\/span><\/p>

\u00a0<\/span><\/p>

Kademeli vesting:\u00a0\u00c7al\u0131\u015fana taahh\u00fct edilen hissenin zaman i\u00e7erisinde belirli paylarla devredilmesidir. \u00d6rne\u011fin y\u00fczde 15 oran\u0131ndaki hissenin 36 ay boyunca vest edilmesi ve 12 ayl\u0131k u\u00e7urumlar eklenmesi anla\u015fmas\u0131 ile her 12 ay\u0131n sonunda hisselerin y\u00fczde 5\u2019i serbest b\u0131rak\u0131l\u0131r, yani \u00e7al\u0131\u015fana devredilir. Bu yolla, \u00e7al\u0131\u015fan 11\u2019inci ayda \u015firketten ayr\u0131lmaya karar verirse hisse sahibi olamazken 13\u2019\u00fcnc\u00fc ayda ayr\u0131lmaya karar verirse y\u00fczde 5 hisseye sahip olur.<\/span><\/p>

\u00a0<\/span><\/p>

Hedefe dayal\u0131 vesting: Hedefe dayal\u0131 vesting, \u00e7al\u0131\u015fan\u0131n belirli g\u00f6revleri tamamlamas\u0131na veya belirlenen hedeflere ula\u015fmas\u0131na dayal\u0131 olarak i\u015fverenin hisse senedi devrini ve \/ veya di\u011fer faydalar\u0131 sa\u011flad\u0131\u011f\u0131 hakedi\u015f y\u00f6ntemini ifade eder.\u00a0<\/span><\/p>

\u00a0<\/span><\/strong><\/p>

VEST\u0130NG\u2019\u0130N AVANTAJLARI<\/span><\/strong><\/p>

\u00a0<\/span><\/p>

Yukar\u0131da da bahsedildi\u011fi \u00fczere vesting y\u00f6nteminin \u015firketlere sa\u011flad\u0131\u011f\u0131 en b\u00fcy\u00fck avantaj, \u00e7al\u0131\u015fanlar\u0131n hisse edinimine te\u015fvik edilerek performans\u0131n ve \u015firket i\u00e7i verimlili\u011fin artmas\u0131, ayr\u0131ca i\u015fverenin elde tutmak istedikleri belirli yetenekli \u00e7al\u0131\u015fanlarla sadakate dayal\u0131 ve uzun vadeli gelecek sa\u011flanmas\u0131d\u0131r.<\/span><\/p>

\u00a0<\/span><\/p>

Bununla beraber, \u00f6zellikte startuplar ve yeni kurulan sermayesi k\u00fc\u00e7\u00fck \u015firketler ellerinde tutmak istedikleri, ancak \u00fccretlerini \u00f6demekte zorland\u0131\u011f\u0131 \u00e7al\u0131\u015fanlar\u0131n\u0131 bu yolla \u015firkete ba\u011flayabilir. Hisse edinim opsiyonlar\u0131, \u00e7al\u0131\u015fanlar i\u00e7in bir tazminat bi\u00e7imidir ve ayr\u0131ca nakit ikramiye ve \u00f6d\u00fcllerin ikamesidir.<\/span><\/p>

\u00a0<\/span><\/p>

Ancak, hak kazanma ko\u015fullar\u0131n\u0131n imkans\u0131z hedeflere veya \u00e7ok uzun vadelere ba\u011flanmas\u0131, bir\u00e7ok y\u00fcksek vas\u0131fl\u0131 \u00e7al\u0131\u015fan\u0131n istifas\u0131na yol a\u00e7abilir. Bu nedenle, bir hakedi\u015f s\u00f6zle\u015fmesi tasarlarken her iki taraf\u0131n da memnuniyeti g\u00f6zetilmeli.<\/span><\/p>

\u00a0<\/span><\/p>

Sonu\u00e7 olarak, d\u00fcnya \u00e7ap\u0131nda \u00f6nc\u00fc nitelikte bulunan bir\u00e7ok \u015firketin \u00e7al\u0131\u015fanlar\u0131na \u00e7e\u015fitli y\u00f6ntemler ile hisse edindirmeye ba\u015flamas\u0131, hatta baz\u0131 \u015firketlerin hisse edinme ayr\u0131cal\u0131\u011f\u0131 sunmaks\u0131z\u0131n ba\u015far\u0131l\u0131 ve yetenekli \u00e7al\u0131\u015fanlar\u0131 b\u00fcnyesine dahil etmesinin zorla\u015fmas\u0131 g\u00f6z \u00f6n\u00fcne al\u0131nd\u0131\u011f\u0131nda, sadakatin hukuki alt yap\u0131s\u0131n\u0131 olu\u015fturan bu y\u00f6ntemlere \u00fclkemizde daha s\u0131k rastlan\u0131laca\u011f\u0131n\u0131 ve ilgili reg\u00fclasyonlar\u0131n yap\u0131l\u0131p derlenece\u011fini tahmin etmek yanl\u0131\u015f olmayacakt\u0131r.<\/span><\/p>","slug":"calisanlarin-hisse-edinme-opsiyonlari-vesting","tags":null,"meta_title":null,"meta_description":null,"meta_keywords":null,"news_cover_min":"\/front\/uploads\/blog\/thumbnail\/1690146000Bee0MjzBhi3skCv.webp","news_cover":null,"news_video_min":null,"news_video":null,"view_count":2257,"cropped_1200x675":null,"user":{"id":29,"name":"MUHAMMET","surname":"AKSAN","email":"av-muhammet-aksan@gmail.com","slug":"av-muhammet-aksan","avatar":"\/front\/uploads\/avatar\/1733691600IewiFiiT1aT8ZK3.webp","status":1,"role":1,"email_verified_at":null,"orde":null,"created_at":"2022-10-24T10:51:30.000000Z","updated_at":"2024-12-18T09:45:38.000000Z","seo_title":null,"seo_description":null},"translations":[{"id":41988,"is_featured":0,"is_amp":0,"is_ads":0,"ads_link":null,"post_id":41862,"locale":"tr","category_id":73,"title":"\u00c7al\u0131\u015fanlar\u0131n hisse edinme opsiyonlar\u0131: Vesting","home_title":null,"sub_title":null,"slider_title":null,"slider_title_2":null,"slider_spot_title":null,"slider_spot_title_2":null,"subtitleuse":0,"description":"AV. MUHAMMET AKSAN","content":"

\u00a0<\/span><\/p>

\u00c7al\u0131\u015fanlar\u0131n belirli ko\u015fullar ile ortakl\u0131\u011fa kat\u0131l\u0131m\u0131 olarak nitelendirilebilen hisse edinme opsiyonlar\u0131, \u00e7al\u0131\u015fanlar\u0131 belirlenen hedefleri ger\u00e7ekle\u015ftirmeye motive etmek, onlar\u0131 \u015firket b\u00fcnyesinde uzun soluklu olarak \u00e7al\u0131\u015fmaya te\u015fvik etmek ve b\u00fcy\u00fcmekte olan \u015firketlerin ihtiya\u00e7 duyduklar\u0131 i\u015fg\u00fcc\u00fcn\u00fc daha ucuza mal etmek amac\u0131yla uygulan\u0131yor.<\/span><\/p>

\u00a0<\/span><\/p>

T\u00fcrk\u00e7e\u2019ye \u2018hakedi\u015f\u2019 olarak \u00e7evrilen vesting, \u00f6zellikle startuplar taraf\u0131ndan tercih edilen, i\u015fveren ve \u00e7al\u0131\u015fan aras\u0131nda imzalanan bir s\u00f6zle\u015fme ile \u00f6nceden belirlenmi\u015f \u015fartlar\u0131n ger\u00e7ekle\u015fmesi ve\/veya vadelerin dolmas\u0131 ile hissenin \u00e7al\u0131\u015fana devrini hedefleyen hisse senedi edindirme y\u00f6ntemidir.<\/span><\/p>

\u00a0<\/span><\/p>

Belirtmek gerekir ki; vesting sadece hisse devrine ili\u015fkin de\u011fildir. Taraflar\u0131n anla\u015fmas\u0131 halinde emeklilik plan\u0131 veya prim \u00f6demeleri gibi \u00e7al\u0131\u015fana tan\u0131nacak farkl\u0131 menfaatler de vesting konusu yap\u0131labilir. Ayr\u0131ca \u00e7al\u0131\u015fana devredilmesi planlanan hisselerin niteli\u011fi farkl\u0131l\u0131k g\u00f6sterebilir. Mesela oy hakk\u0131ndan ari olabilece\u011fi gibi imtiyazl\u0131 da olabilir.<\/span><\/p>

\u00a0<\/span><\/p>

VEST\u0130NG MODELLER\u0130\u00a0<\/span><\/strong><\/p>

\u00a0<\/span><\/p>

Tek u\u00e7urumlu vesting:\u00a0\u00c7al\u0131\u015fana belirli bir tarihte, \u00f6ng\u00f6r\u00fclen hissenin tamam\u0131n\u0131n devrini sa\u011flar. \u00d6rne\u011fin iki y\u0131ll\u0131k bir u\u00e7urum program\u0131nda \u00e7al\u0131\u015fan iki y\u0131l tamamlanana kadar hi\u00e7bir hakk\u0131 elde edemezken iki y\u0131l\u0131n tamamlanmas\u0131 ile belirlenen hissenin veya hakk\u0131n tamam\u0131n\u0131n devrini talep edebilir.<\/span><\/p>

\u00a0<\/span><\/p>

Kademeli vesting:\u00a0\u00c7al\u0131\u015fana taahh\u00fct edilen hissenin zaman i\u00e7erisinde belirli paylarla devredilmesidir. \u00d6rne\u011fin y\u00fczde 15 oran\u0131ndaki hissenin 36 ay boyunca vest edilmesi ve 12 ayl\u0131k u\u00e7urumlar eklenmesi anla\u015fmas\u0131 ile her 12 ay\u0131n sonunda hisselerin y\u00fczde 5\u2019i serbest b\u0131rak\u0131l\u0131r, yani \u00e7al\u0131\u015fana devredilir. Bu yolla, \u00e7al\u0131\u015fan 11\u2019inci ayda \u015firketten ayr\u0131lmaya karar verirse hisse sahibi olamazken 13\u2019\u00fcnc\u00fc ayda ayr\u0131lmaya karar verirse y\u00fczde 5 hisseye sahip olur.<\/span><\/p>

\u00a0<\/span><\/p>

Hedefe dayal\u0131 vesting: Hedefe dayal\u0131 vesting, \u00e7al\u0131\u015fan\u0131n belirli g\u00f6revleri tamamlamas\u0131na veya belirlenen hedeflere ula\u015fmas\u0131na dayal\u0131 olarak i\u015fverenin hisse senedi devrini ve \/ veya di\u011fer faydalar\u0131 sa\u011flad\u0131\u011f\u0131 hakedi\u015f y\u00f6ntemini ifade eder.\u00a0<\/span><\/p>

\u00a0<\/span><\/strong><\/p>

VEST\u0130NG\u2019\u0130N AVANTAJLARI<\/span><\/strong><\/p>

\u00a0<\/span><\/p>

Yukar\u0131da da bahsedildi\u011fi \u00fczere vesting y\u00f6nteminin \u015firketlere sa\u011flad\u0131\u011f\u0131 en b\u00fcy\u00fck avantaj, \u00e7al\u0131\u015fanlar\u0131n hisse edinimine te\u015fvik edilerek performans\u0131n ve \u015firket i\u00e7i verimlili\u011fin artmas\u0131, ayr\u0131ca i\u015fverenin elde tutmak istedikleri belirli yetenekli \u00e7al\u0131\u015fanlarla sadakate dayal\u0131 ve uzun vadeli gelecek sa\u011flanmas\u0131d\u0131r.<\/span><\/p>

\u00a0<\/span><\/p>

Bununla beraber, \u00f6zellikte startuplar ve yeni kurulan sermayesi k\u00fc\u00e7\u00fck \u015firketler ellerinde tutmak istedikleri, ancak \u00fccretlerini \u00f6demekte zorland\u0131\u011f\u0131 \u00e7al\u0131\u015fanlar\u0131n\u0131 bu yolla \u015firkete ba\u011flayabilir. Hisse edinim opsiyonlar\u0131, \u00e7al\u0131\u015fanlar i\u00e7in bir tazminat bi\u00e7imidir ve ayr\u0131ca nakit ikramiye ve \u00f6d\u00fcllerin ikamesidir.<\/span><\/p>

\u00a0<\/span><\/p>

Ancak, hak kazanma ko\u015fullar\u0131n\u0131n imkans\u0131z hedeflere veya \u00e7ok uzun vadelere ba\u011flanmas\u0131, bir\u00e7ok y\u00fcksek vas\u0131fl\u0131 \u00e7al\u0131\u015fan\u0131n istifas\u0131na yol a\u00e7abilir. Bu nedenle, bir hakedi\u015f s\u00f6zle\u015fmesi tasarlarken her iki taraf\u0131n da memnuniyeti g\u00f6zetilmeli.<\/span><\/p>

\u00a0<\/span><\/p>

Sonu\u00e7 olarak, d\u00fcnya \u00e7ap\u0131nda \u00f6nc\u00fc nitelikte bulunan bir\u00e7ok \u015firketin \u00e7al\u0131\u015fanlar\u0131na \u00e7e\u015fitli y\u00f6ntemler ile hisse edindirmeye ba\u015flamas\u0131, hatta baz\u0131 \u015firketlerin hisse edinme ayr\u0131cal\u0131\u011f\u0131 sunmaks\u0131z\u0131n ba\u015far\u0131l\u0131 ve yetenekli \u00e7al\u0131\u015fanlar\u0131 b\u00fcnyesine dahil etmesinin zorla\u015fmas\u0131 g\u00f6z \u00f6n\u00fcne al\u0131nd\u0131\u011f\u0131nda, sadakatin hukuki alt yap\u0131s\u0131n\u0131 olu\u015fturan bu y\u00f6ntemlere \u00fclkemizde daha s\u0131k rastlan\u0131laca\u011f\u0131n\u0131 ve ilgili reg\u00fclasyonlar\u0131n yap\u0131l\u0131p derlenece\u011fini tahmin etmek yanl\u0131\u015f olmayacakt\u0131r.<\/span><\/p>","slug":"calisanlarin-hisse-edinme-opsiyonlari-vesting","orjinalimage":"\/front\/uploads\/blog\/thumbnail\/1690146000Bee0MjzBhi3skCv.webp","news_cover_min":"\/front\/uploads\/blog\/thumbnail\/1690146000Bee0MjzBhi3skCv.webp","news_cover":null,"news_video_min":null,"news_video":null,"cropped_638x552":null,"cropped_310x208":null,"cropped_416x247":null,"cropped_197x247":null,"cropped_416x600":null,"cropped_1200x675":null,"tags":null,"meta_title":null,"meta_description":null,"meta_keywords":null,"view_count":2257,"yt":0,"ytid":"","ytimage":null,"imgdate":"2000-01-01 00:00:00","cuff_cover":null,"cropped_358x214":null,"cropped_842x474":null}]}}