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> 140 RSU (granted at signing, almost none vested) Is it still the ridiculous 5-10% year 1, 5-10% year 2, and then the rest spread out over years 3-4?
by nevir 11y ago
> 140 RSU (granted at signing, almost none vested)
Is it still the ridiculous 5-10% year 1, 5-10% year 2, and then the rest spread out over years 3-4?
- deleted 11y ago[deleted]
- amazoniananon 11y agoYes, it's something like 5% at 1st anniversary, 15% at 2nd anniversary, then 20% every 6 months over the next two years.
- guy_c 11y agoWhy is it so ridiculous? Isn't it trying to serve as a retention incentive? Obviously it can back-fire on the company. If the share price drops a lot then people that were planning on staying till the 6 monthly vesting may quit.
- yomly 11y agoFrom what I heard from people who worked at Amazon during the especially rocky years, their share compensation is tied to a monetary value - if the share value tanks significantly, they'll issue shares to compensate. If you're into gambling, this can be a -very- good thing considering Amazon has gone on to double in value over very short time periods historically. Otherwise, its a fair concession on Amazon's part