Offered RSUs, price will be based on hire date. Any strategic way to get maximum number of RSUs from absolute $ amount?

Samsung Hjyvd
Sep 5 15 Comments

So I am planning to jump ship and my next employer is giving me $X amount of RSUs calculated based on the closing stock price on the date of hire. Just in last 30 days, the stocks has moved up 20%. I am worried that by my hire date the stock will move even higher and hence the total number of RSUs I will get will be less.

Is there a better strategy for me to get more amount of RSUs? There is a little flexibility on my hire date (Same as start date in this case) maybe a week earlier or a week later. But since the stock is unpredictable, I wont be able to time it in my favor. Do you guys have any other tricks under your sleeves?

@Microsoft
@Apple
@Netflix
@Uber

TC: 365K (1K/day)

comments

Want to comment? LOG IN or SIGN UP
TOP 15 Comments
  • Riot Games booleaaan
    Step 1: start rumor of major financial crimes using bot net to fake news it like crazy the day rsu price calculated tanking stock price
    Step 2: get low rsu price
    Step 3: serve 3 years in federal prison for securities fraud
    Step 4: ???
    Step 5: profit
    Sep 5 5
    • Samsung Hjyvd
      OP
      Step 5 is not correct. There is no profit in this scenario.
      Sep 5
    • PayPal / Eng v3nm0
      And there is no concept of sarcasm in your head.😜😜
      Sep 5
    • Amazon god
      Why would you go to prison for this? Can they file a lawsuit in this scenario?
      Sep 5
    • Riot Games booleaaan
      @OP you need to figure out step 4 to make this work. I’m more of an ideas guy, okay? Step 3 is definitely a problem too. Use those high TC engineering skills!
      Sep 5
    • Riot Games booleaaan
      @god - it’s securities fraud. Manipulation of price at the expense of other investors for your benefit.
      Sep 5
  • You can be like me and hope your companies stock tanks beforehand. Maybe trump will make some dumb ass tweet or the CEO will get meetoo'd. Who knows!
    Sep 5 1
    • Samsung Hjyvd
      OP
      Thats what I am hoping for but the price keeps going up!
      Sep 5
  • Facebook yolosamba
    If you can “time it”, that means you can predict it. If you can predict it, why are you even trying to be employed? Just become a trader and become the world’s first trillionaire.
    Sep 5 1
    • Samsung Oye-O-o-Aa
      You need to work on your reading skills. I clearly mentioned that I am not able to time it like anyone else.
      Sep 5
  • Autodesk yQol17
    Check with the company on when your NH shares are actually granted. This is not traditionally on your hire date but rather on a fixed date each month or quarter. The average price is generally calculated on the grant date. If you think the price is continuing to go up, join as early as you can
    Sep 5 2
    • Samsung Hjyvd
      OP
      Grant date is within 90 days of start date.

      HOWEVER, my offer says that the price will be calculated based on the closing price of the "hire date".
      Sep 5
    • PayPal / Eng v3nm0
      What company is this?
      Sep 5
  • DoorDash M7sU5jQi
    You should double check with your recruiter whether it is the closing price on a particular day or is it a moving average of the last 30 days. I would be surprised if it is based on closing price on a particular day, because everyone who's joining would be anxious like you.
    Sep 5 1
    • Samsung Oye-O-o-Aa
      The offer letter clearly mentions closing price on hire date
      Sep 5