Uber RSUs post IPO start date

Amgen / Finance
Mrmephisto

Amgen Finance

PRE
The Walt Disney Company
Mrmephistomore
May 13 16 Comments

Is Uber stock tanking technically a good thing long term given my situation? I have to move across state so I negotiated an early June start date.

My offer letter gives a cash value for my RSUs and my understanding is that they’ll take the average of the closing stock price over a 30 day window and then I get x shares purchased at the $ amount granted.

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TOP 16 Comments
  • Yes, in my view it’s a good thing if you’re joining now. I’m long Uber.
    May 13 2
    • Amgen / Finance
      Mrmephisto

      Amgen Finance

      PRE
      The Walt Disney Company
      Mrmephistomore
      OP
      Me too otherwise I wouldn’t be joining ;)
      May 13
    • Awesome. Good luck!
      May 13
  • Microsoft steven123
    Joining in May is special, also using June avg price.
    May 13 9
    • New x1280
      @Amgen What do you mean by "they took care or it"?
      I also signed last week. The shares should be based on the avg price of the last 30 days prior to your starting date. Right?
      May 13
    • ANSYS simul
      Look at last row of table in faq 5 of offer summary. It goes by month rather than strictly 30 days. So everyone who joins in June will have strike price
      May 13
    • ANSYS simul
      Same strike price, I mean
      May 13
    • New x1280
      What is the offer summary? There were no tables in my offer letter.
      My recruiter told me 30 days not calendar month.
      May 13
    • Amgen / Finance
      Mrmephisto

      Amgen Finance

      PRE
      The Walt Disney Company
      Mrmephistomore
      OP
      @x1280 yep that’s what my offer says too I asked the recruiter to clarify faq 5 so that’s what I meant...just rechecked and yes it’s the month prior.
      May 13
  • Microsoft steven123
    My recruiter told so.
    May 13 0
  • ANSYS simul
    Btw, if you join in June, they will take avg price for June. I am joining this month, price for me will be avg price for May.
    May 13 0
  • ANSYS simul
    Me too. I am joining May end.
    May 13 0