Got an apple offer recently, the rsu is just a number of dollar in offer letter, say $120k for 4 years. If I join apple in Dec, 2017, is the rsu price per share is equal to the avg price of apple stock in the whole Dec? Thanks
apple will tell u in offer the actual stock price based on which they will give to you. it will most likely be closing price of a specific day, close to your offer acceptance.
so this was just my educated guess. if some1 in apple tells otherwise, they may be more right
The RSU grant will be given a month after u join in the next board meeting. The stock price will be whatever the price was at that board meeting.
Interesting. At square we're given an actual number of RSUs in the offer instead of $ value.
So when RSUs vest 25% a year, its the number of stocks given at the closing price of a specific day (45 days) that vest, correct? The stock might go up, the difference is the money you make at vest time? Its same in Amazon as well but just confirming. The recruiter has been confusing me :)
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You'll get it in 45 days of joining approximately. That will be the price of the rsus so sometime in Jan. Which team are you joining