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That doesn't make sense for stock you'll get in 3 years, as it assumes appreciation in value.

• saagarjha 5y ago
  There will be no stock in three years if the acquisition goes through. My understanding is that effort is being made to compensate employees in a roughly equivalent manner, albeit without appreciation or deprecation being involved since Twitter will cease to be a public company.
  • ghaff 5y ago
    A lot of people in public firm tech have effectively normalized not just large RSU grants but the assumption that they'll significantly rise in value. Twitter may, depending upon the agreements and Musk's wishes if this goes through, pay out unvested shares cash equivalents on their current schedule at the acquisition price. But there will presumably be no further rise and no further RSUs. Presumably the treatment of unvested shares is somewhere in all the acquisition legal paperwork because it would need to be accounted for.
    • saagarjha 5y ago
      That is correct.
    • shawnb576 5y ago
      This is correct. And there will need to be some other mechanism to replace vested with payouts over time. Just saying “you’ll keep vesting” isn’t good enough. People will say ok I’ve got a good grant in 2023 and then my comp falls off a cliff. They’ll either leave when that vest happens or sooner.