How much unvested stock is worth giving up

PayPal gwSL64
Nov 7 22 Comments

I have roughly 60K worth of stock vesting in March.

I just recieved an offer from another company for 85K worth of stock vesting over 4 years.

Base salary for new job offer is roughly 15K more than I make now and yearly bonus 5% more than my current company. No starting bonus at new company.

5.5 YOE

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TOP 22 Comments
  • VMware / Eng
    tyxS31

    VMware Eng

    PRE
    Microsoft, Hulu
    tyxS31more
    Ask for a sign up bonus to cover the lost stocks, or more stocks
    Nov 7 1
    • PayPal gwSL64
      OP
      Yeah, I told my recruiter how much I haven’t vested yet... but I didn’t tell him that a large portion of it would vest in March.
      Nov 7
  • Square / Legal
    llllla

    Square Legal

    PRE
    Facebook, Google
    lllllamore
    Do yourself a favor and stay until March, then jump ship.
    Nov 7 1
    • PayPal gwSL64
      OP
      Ugh.. I didn’t do the math ahead of time and already interviewed basically everywhere.
      Nov 7
  • Credit Karma SE IV
    Over the next 12 months, you make more staying. Over the next 2 years, you make more staying.

    Over the next 3 years you make more leaving if you aren’t getting any raises or more stock staying.

    Probably stay.
    Nov 7 3
    • PayPal gwSL64
      OP
      Yeah.. I guess I am trying to consider both monetary benefit and mental sanity. I am very ready to leave my company
      Nov 7
    • Credit Karma SE IV
      Oh, well, then ya maybe leave. Haha.
      Nov 7
    • PayPal gwSL64
      OP
      🤣😂😅
      Nov 7
  • Yelp boom-
    If this is Bay area (and you are an engineer or product manager) you are being low-balled on stocks. With 5 YOE people get 85k vesting per year
    Nov 7 1
    • PayPal gwSL64
      OP
      Engineer in Silicon Valley
      Nov 7
  • Facebook WDWO10
    Can you push back your starting date to March?

    Having said that, it really depends on individual cases. In the past I gave up far more to prioritise growth opportunity and it paid off (got a promo in 10 months, met a great manager, landed a leadership role, and the new company stock went up so it made up the difference). But I was also lucky & thankfully had no debt/kids.
    Nov 7 1
    • PayPal gwSL64
      OP
      I was also considering this... I haven’t brought up this possibility to my recruiter
      Nov 7
  • New QTdN03
    Just stay till March. If they won’t move your start date, then tell them the offer isn’t compelling enough for you to leave at this time.
    Nov 7 3
    • PayPal gwSL64
      OP
      Is asking for a start date four months out reasonable?
      Nov 7
    • New QTdN03
      In this profession, assuming you are a software engineer, every ask is reasonable. I asked my hiring manager if I could take a paid vacation almost immediately after my start date (this was in the summer). He said yes.
      Nov 7
    • PayPal gwSL64
      OP
      Good call. I guess if it comes down to it I will make the ask. I’m still wrapping up my few on sites at different companies and waiting to see the offer for another couple of companies too.
      Nov 7
  • PagerDuty curious777
    Also account for the difference in terms of taxes between your long term capital gains (provided you hold your vested stocks for 1 year after) versus your selling and/or earned w2 income for the year. It could be 20-30% additional loss if you pay short term gain tax vs long term
    Nov 9 1
    • PagerDuty curious777
      Ie your signup bonus needs to account for that as it will be considered your regular taxed w2 income versus long term cap gains
      Nov 9
  • OpenTable Meliodas
    This is what the sign-on bonus is for. I negotiated the next 8-months of vesting stock in sign-on to avoid this scenario.
    Nov 8 1
    • PayPal gwSL64
      OP
      I was reading in other posts that the max sign on bonus they give is like 30K
      Nov 9
  • ThoughtSpot plKF76
    Ask for a delayed start. Or negotiate a signing bonus to defray loss of vesting stock.
    Nov 7 0
  • Facebook pvhd
    Just be upfront about the opportunity cost and let them choose.
    Nov 7 0

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