How much stock money do early 2016 Uber employees make?

Google EgXU07
Nov 7 36 Comments

If someone joined Uber in early 2016 as a senior SWE, how much stock money would they make?

I think due to taxation and the current price point, they are really at a loss now. But curious how much they can get from stocks.

comments

Want to comment? LOG IN or SIGN UP
TOP 36 Comments
  • Microsoft
    O366

    Microsoft

    BIO
    I write code that always work on my box!
    O366more
    Less than you don't worry!
    Nov 7 0
  • Google spcex
    At early 2016, Uber was offering 500-1M for senior SWEs at $40/share. You can do the math.
    Nov 7 4
    • Google EgXU07
      OP
      What does the RSU refreshes look like?
      Nov 7
    • Uber kenem
      It’s varied a lot over the past few years. Lowest refresher I got was 65k as eng 2 and highest was 310k as senior.
      Nov 7
    • AutoGrid chikalika
      What was your strike price, kenem?
      Nov 7
    • Uber kenem
      I had RSUs. Was about $33 when I joined
      Nov 7
  • Uber vsgh
    2016 offers were all RSUs made at $48/share. Due to tax at IPO price and $27 current price, made less than $200k cash. Many in same boat with 50-70% less than expectation.
    Nov 8 2
    • Google googa
      What was your level?
      Nov 8
    • Western Digital lsof
      Still good amount of $$
      Nov 8
  • Google googa
    When is the income taxed for engineers with rsu? And does the company withhold the rsu when vesting and sell at ipo time?
    Nov 7 11
    • Google EgXU07
      OP
      ipo.orgtfo.info/
      Nov 7
    • Uber BrianOf
      Considered following that link, but looks bait.
      Nov 7
    • Uber listen!
      This googa guy has been shitting on another thread about why Uber is values 4x of Lyft :D. And look here, little duffer doesn't know how taxation on RSUs work. If he was a legitimate Google employee, he would have some RSUs. We already found out that he is a contractor.
      Nov 12
    • Google googa
      rsu vesting is different when your company ipo happens. Why are you so triggered by my posts, if you're company is so great why are you losing your shit. FYI I'm not a contractor, not that there is anything wrong with that.
      Nov 12
    • Google googa
      https://www.bloomberg.com/news/articles/2019-11-12/grubhub-uber-edge-out-tesla-as-most-lucrative-u-s-short-bets this might give you some context why ppl might be interested in knowing what's going on with Uber
      Nov 12
  • Uber hotwife
    They made about $500k
    Nov 7 9
    • Google EgXU07
      OP
      Hmm..I believe you still need to pay for you gain at either income tax rate or capital gain tax rate, depending on NSO or ISO.
      Nov 8
    • I believe @hotwife already paid taxes on options when they bought them.
      Nov 8
    • Google EgXU07
      OP
      @hotwife, when did you join Uber?
      Nov 8
    • Microsoft
      LVuitton

      Microsoft

      PRE
      Microsoft
      LVuittonmore
      Capital gains is 20%
      Nov 8
    • Drift VMx00
      Lol, Capital gains in CA is that + ordinary income tax rate of ~14%. Move to Puerto Rico well before an IPO announcement.
      Dec 6
  • Lyft llappqq
    So does everyone who joined after 2016 get less $ than what you were expecting based on your offer grant RSU? if the offer was made at $33 and now it's $29
    Nov 8 1
    • Amazon IPA!
      Yes, but for most the offer was made at the preferred price of $48
      Nov 8
  • Amazon IPA!
    Hired early 2016 as an SDE2, total grant over four years was like 6000 shares. Preferred price at the time was $48.

    Early 2015 would be a totally different story.
    Nov 8 1
    • Google spcex
      Mid 2015 was 38/share
      Nov 8
  • Google / Eng EtMW70
    These must be options so everyone's math is going to be different. Grant of a stock option is not a taxable event but the exercise of the said option is. Depending on when/how many you exercise, and the increase in valuation between these events, you might also incur AMT. Stock options are fun :) it gave me enough headache that I thought it better to pay someone $1500 / year to sort this shit out and do my taxes.
    Nov 7 0

Salary
Comparison

    Real time salary information from verified employees