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Apple offer rsu price

Amazon Shaa
May 4, 2018 31 Comments

I got an offer from apple, rsu is 200k, just wondering how do they get stock price to calculate the amount, the price at the day i accept the offer, or when they decide hire me? Or even the price of last two month(some time range)? This makes difference, because their stock recently climb more than 10%, this could lead to my rsu stock count decrease.

Apple
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 TOP 31 Comments
  • Twitch gddvertssk
    Apple gives out huge RSU refresher year after year... 200k initial grant is just a start.. way better than Amazon...
    May 4, 2018 15
    • NIO / Eng Iysiys4515
      ^^ +1. Apple does just not GAF.
      May 4, 2018
    • Apple Kbfgui544f
      It depends on your team and how valuable they are to begin with. My initial grant was 105k and my first refresher was 65k with only a 6/9. I expect much more this year now that I actually know what I’m doing.
      May 4, 2018
    • Apple Kbfgui544f
      I’m in Hardware though, so ymmv
      May 4, 2018
    • Apple / Eng
      🍎 is shit

      Apple Eng

      PRE
      Amazon
       🍎 is shitmore
      @GCoin what level were u at apple and what level are u now at google? How much are ur refreshers at google?
      May 4, 2018
    • Google / Eng
      GCoin

      Google Eng

      PRE
      Apple
       GCoinmore
      ICT3 —> L4
      Don’t know cause I just joined.
      May 4, 2018
    • Apple Apie
      Confused about the refresher...

      Kbfgui544f@ when you say: “first refresher was 65K”... was it to vest over 4 years? If so, you got yearly increase of only like $17K ($65/4) which I don’t know if it is that great. :/
      May 4, 2018
    • Apple / Eng
      🍎 is shit

      Apple Eng

      PRE
      Amazon
       🍎 is shitmore
      65k refresher over 4 years is still more than google L3 tho right? Less than L4 for sure tho
      May 4, 2018
    • Apple Apie
      Not sure about Goog comparison, but a $17K per year increase ($65K over 4 years refresher) doesn’t sound like it is something crazy to be proud of — no? If your base is, say, $170K the $17K is almost even less than the year end bonus. :/ I am not saying it is low, but I am just saying if it is that great
      May 4, 2018
    • Apple Okidoki
      But then you’ll get another one next year and tour current grant keeps vesting.
      May 4, 2018
    • Apple Kbfgui544f
      Yeah, a 60-100k refresh every year compounds pretty quickly..
      May 4, 2018
  • NIO / Eng Iysiys4515
    Closing price on the day the grant is approved by the board. Sometime within a couple of months after you start.
    May 4, 2018 9
    • Amazon Shaa
      OP
      By this "within a couple months after you start" You mean it is calculated around vested day price?
      May 4, 2018
    • NIO / Eng Iysiys4515
      No. They just generally get approved quarterly (roughly), so there is normally some lag between your hire date and grant date.
      May 4, 2018
    • NIO / Eng Iysiys4515
      Also, why aren’t you asking your recruiter this?
      May 4, 2018
    • Apple Godzilla96
      Mind sharing what position/experience you’d be joining with?
      May 4, 2018
    • Apple sIqv84
      Actually the board meets around the 15 th .. so its set based on the price of 15 of the month u joined.. if u join before 15 or next month 15th
      May 4, 2018
    • NIO / Eng Iysiys4515
      ^ that sounds like a good answer.
      May 4, 2018
    • Amazon Shaa
      OP
      That is a very detailed answer, nice! My concern is recently appple stock has a big jump because of quaterly revenue, i guess i missed this, my stock number will be based on the already high stock value. I like amazon way, tell you the unit. For the question, i have about 6 to 7 year experience, this is quality postion in apple, i am currently an sdet
      May 5, 2018
    • NIO / Eng Iysiys4515
      You’ve just figured out why they started making grants based on a dollar value and not a number of shares. ;-)
      May 5, 2018
    • Juniper Doomed!
      Recruiter doesn't know either, i asked the same question.
      May 6, 2018
  • Apple
    CaptnCook

    Apple

    PRE
    Apple
     CaptnCookmore
    Mine hit one month after starting. It’s also worth noting that the 6 month vesting cycle starts on the date of the award
    May 4, 2018 2
    • Amazon Shaa
      OP
      6 month vesting? Recruiter told me it is vested every month
      May 5, 2018
    • Juniper Doomed!
      Nope, 6 month vesting. But good point @CaptnCook
      May 6, 2018
  • Apple jRYG77
    Price of stock about a month after you join
    May 7, 2018 0
  • LinkedIn MzqC50
    At Microsoft it’s the 15th of the month after you join.
    May 4, 2018 0

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