Can someone throw some light on stock refresh at Facebook, Uber and Google for E4, SE II, L4 respectively. Recruiter says that refreshers are performance based but none is giving the numbers. Can someone give ballpark numbers for each company based on meets, exceeds, strongly exceeds expectations? TC: 115K
Pardon the ignorance, I’m new to RSUs, refreshers and everything equity tied to employment compensation. When you list those numbers under various performance levels, are those appended to the end of your last available RSU value or spread over the remaining equity in an incremental manner? I assume the former. As an example, let’s assume I was offered 200k in RSUs over 4 years and received 2 years already with 2 remaining. If granted a refresher at EE, would I append that 84k as an additional year, making a total of five years by the original count?
They're spread over the next four years, which will partially overlap with the existing equity.
In MOST companies (i.e. anybody who isn't Amazon), refreshers are spread evenly from the time they're granted, usually with a four year vest. So, using your $200k on-hire example, and assuming you get a $70k grant (ME, 1.0x) after year 1 and an $88k (EE, 1.25x) grant after year 2: Year 1: 50k (200k/4) = 50k Year 2: 50k (200k/4) + 17.5k (70k/4) = 67.5k Year 3: 50k (200k/4) + 17.5k (70k/4) + 22k (88k/4) = 89.5k And so forth. You can see how these stack up over time, especially if you're a strong performer who gets multipliers. The Amazon model is totally twisted and not worth getting into here...
For Google(assuming SWE), CME/EE/SEE will be in the ballpark of 70k/84k/98k. You won't get a refresher at the end of your first calendar year, so there's some incentive to join later in the year.
What should we expect for L5 PM and TPM?
Also what is CME EE and SEE?