Amazon RSU’ - What happens post you sell it ?
Edits: As some commented Q wasn’t clear. Dear All I need your help and advice. I am new to Amazon and trying to understand what happens if I sell all my RSUs (eg 5 RSU ) after they have been credited to my account. Amazon says RSU are part of the CTC, hence if I sell my RSU’ ,will Amazon give me additional RSU? to fill the CTC gap. PS: Amazon HR said that if I sell the RSU’ , during the appraisal review process, they will evaluate my salary basis market standard and the gap will be credited back as RSU’. Is that what happens or anyone who has faced something like this ? #amazon #amazonrsu #rsu
I think he is asking about refreshers
Hi @radicaleft .. possibly it’s called refreshers .. I have edited my question, I hope it is more clear now .. any advice please ?
Selling your RSUs or holding them will not affect refreshers. Your question bus not very clear, so I hope this helps.
Ok. Appreciate your response coffeestar .. Sorry about that if question isn’t clear. I just edited the question , hope it make sense .. New to Amazon, so not sure what refresher means .. but will find out, thanks again 😊
Ok. So let's say your 5 RSUs vest in 2021. Company will start giving you refreshers (ie additional RSUs) for year 5 (and sometimes year 4) when you are in year 3 here. The refresher the company gives does not take into account whether you are holding the RSUs or already sold them. So whatever recruiter said in your question was probably a miscommunication that you should clarify with them.
When your RSUs vest, they are available for you to keep or sell. Selling or keeping your vested shares does not affect the amount you will get from Amazon. Every year When your company grants additional RSU, we call them refreshers. It’s not a formal name. Sometimes it’s called yearly awards. Also remember if you sell your stock close to their vest date, you might be paying a higher captial gains tax.
How did you get recruited into Amazon? Can't ask a clear question yet!!?
Every RSU that you vest is part of your TC for THAT year. It is not part of any future year TC and Amazon does not care if you hold it or sell it. Your initial offer was for some amount of RSU over 4y. On the 5th year you don’t get any more RSUs, unless the company gives you more. That is called “refresher”. It does not matter how many RSU have already vested or how many you sold. Refreshers take into account only what you have UNvested so far. You start to get refresher after 2nd year. If the stock price drops 75% before you get to year 4, Amazon might give you a refresher for year 4 to keep your TC level closer to what was promised before. But again, they don’t care about anything that already vested and whether you kept or sold it.
Thank You Popodedan. Your response is very helpful. Am surprised what recruiter told was a lot different and misleading. Unfortunate. Hoping for best now 😊 Thank you 😊
Read this 3 times and I have no idea what you're asking
Sorry about that , didn’t mean to complicate for all who are trying to help .. Edited my question, sincerely hope it make sense now 😂