4 ms·
I was at a company that issued me an generous RSU package each year. Roughly $60k/year equivalent. When my department was made redundant and we were laid off,
by Cd00d 6y ago
I was at a company that issued me an generous RSU package each year. Roughly $60k/year equivalent.
When my department was made redundant and we were laid off, turns out I didn't actually have any stock. The account reverted to $0.
Though, true, I never needed to write a big check or pay a bunch of taxes.
- nfriedly 6y agoOuch. I think Tanium's was initially like that, ("double trigger") requiring both vesting time and a liquidity event (acquisition, IPO, etc.) But they changed it to just vesting time ("single trigger") while I was there.