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If a Stripe employee has $100,000 worth of RSUs and leaves Stripe now, what happens to their RSUs? Stripe has double-trigger RSUs which won't vest until after
by frays 4y ago
If a Stripe employee has $100,000 worth of RSUs and leaves Stripe now, what happens to their RSUs?
Stripe has double-trigger RSUs which won't vest until after IPO.
Do they get to keep these RSUs until after the IPO + lockup period, even though they're not employed at Stripe anymore? (Is there another name for RSUs owned by someone not employed by a company anymore? e.g. unvested shares?)
- magneticnorth 4y agoYes, the employee will still get the RSUs they earned once ipo + lockup happens, even if they’re no longer at stripe. Not sure what the term for that is, though.