4 ms·
If the strike price for the options is 5x the current stock price (due to 80% drop), I wonder how useful the no-cliff rule is for recent hires.
by ant6n 4y ago
If the strike price for the options is 5x the current stock price (due to 80% drop), I wonder how useful the no-cliff rule is for recent hires.
- renewiltord 4y agoDoes Shopify give out options? I would have thought RSUs considering they've been public a while.
- TimPC 4y agoEven RSUs are converted from a dollar value to a number of shares in the month you join. If you’re getting them a year later with this level of stock decline a $220k/year salary and $220k/year of stock would be $264k of compensation when you were expecting somewhere near $440k. So even with RSUs the pain is real.