Pat, Ashley, and Jo meet in an Entrepreneurship class at Cornell and start a company on January 1, 2023. 1,200,000 common shares are issued and split 1/3 each. The three founders agree on January 1, 2023 to restricted stock agreements Links to an external site.with a reverse vesting provision Links to an external site.that allows them to earn into their equity over four years, quarterly. That means that at the end of each quarter, they each earn back into 1/16 of their stock