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They are paid a number of shares and given an estimate of the value of those shares based on some share price. Amazon used an old share price, so the estimate w
by dcre 4y ago
They are paid a number of shares and given an estimate of the value of those shares based on some share price. Amazon used an old share price, so the estimate was too high. The only thing being recalculated is the estimate. The number of shares does not change.
- tomrod 4y agoSounds like it deviates pretty significantly from AMZ's prior practice, where the RSU count matches ${promised comp}. So AMZ made a mistake and changed the employee agreement. Seems unethical to walk that back, despite it potentially being legal.