Need to understand annual grant stock value from walmart

Autodesk wisndnma
May 15 6 Comments

In offer letter its mentined that I’ll receiving annual RSU amount equivalent 30k and its says it will be vested over 4 years period in 25%.

So, what that means ? I’ll be getting 30k RSU every year?

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TOP 6 Comments
  • Olo / EngH28DH7HJSQ
    You will be granted a number of shares equal to $30k every year. Each grant vests over 4 years. Vested shares are the ones that actually have cash value.

    So you'll get a cash value of $7500 after 1 year from your start date grant. You'll be given another $30k grant on the same day. A year later, on your 2 year anniversary, both your start date grant and your 1 year grant will vest $7500 each, meaning you'll effectively earn a cash value in year 2 of $15k. Then another $30k grant, and a year later a cash value of $22.5k. On your 4 year anniversary you'll finally earn a $30k cash value and this will continue indefinitely.
    May 151
    • Autodesk wisndnma
      OP
      Thankyou for the explaining! It really helps. 🙂
      May 15
  • Amazon
    besoz

    Amazon

    BIO
    disgruntled employee
    besozmore
    Yes
    May 150
  • MobileIron loom
    No
    May 151
    • Amazon
      besoz

      Amazon

      BIO
      disgruntled employee
      besozmore
      My offer letter from Walmart mentioned the same thing so Yes
      May 15
  • Nvidia buck25
    Is the position stock or register?
    May 160

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