Zillow offers a stock options plan where you can choose between RSUs or stock options. 1 RSU in exchange of 3 options at some strike price. I was wondering what other companies offer similar plans? TTC: https://truetc.io/42b09d28 #tech #compensation #zillow
I personally haven’t heard of a setup like this until now. Do you usually go for RSUs or options?
I personally choose RSUs. I know a lot of people who do choose options and it worked out pretty well for them this year given Z stock price appreciation. Options are too risky though. If the stock price goes under the strike price you are basically making 0 money. The stock price needs to double I think before you start making the same money you would make if you just choose RSUs
Makes sense. I never understood people who gambled on options when RSUs are closer to cash when they vest. It also explains why 1 RSU is worth 3 options.
It’s not unheard of but rather rate. Note that the vesting plan could be different.
Tesla
What are the terms of the plan? How many options for 1 RSU?
It’s standard. 3 Stock Options for 1 RSU.