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I think the amounts are set at the time of award, rather than time of vesting, so Facebook says "I want to pay you $10 but in RSU" than you get than many RSU at
by jedimastert 6y ago
I think the amounts are set at the time of award, rather than time of vesting, so Facebook says "I want to pay you $10 but in RSU" than you get than many RSU at the current price.
What I mean to say is that I don't think the actual stock performance affects these numbers
- slumdev 6y agoThis is true. If you can hire into a FAAMNG during a stock market crash, you're set for life.
- ghaff 6y agoIt depends how people are reporting it. If I'm thinking in terms of my W2 number (which is what I would use if you asked me how much I made last year), that's affected by the price at vest, not at grant.
- ryandrake 6y agoAlso, if they are reporting the full equity amount on their offer letter, they may be forgetting to divide by the vesting period. I've met a number of otherwise smart folks think that since their salary is $120K and their full equity offer is $200K then their TC is $320K. There was an HN thread about this a couple of weeks ago. Levels.fyi guy said they try to account for this though in their surveys.