When you sign an offer with Workday, and they offer you 200k stocks over 4 years, do you get those un-vested stocks on day 1? Or 30 days (or some waiting period) after? #workday
And I believe you have a one year period before you get your first 25% vesting.
They meant grant calculation price is it on the start day or a month later, I guess.
This is what I meant, indeed. I already understand the vesting 25% per year, etc. I just want to know how the grant calculation price works
Don’t remember exactly but the grant price is some calculation like the average price of the month after you joined - or something of that regard.
15th of month following your joining is your grant date. 20 day floating your average before your grant date is your grant price
They'll grant a specified number of stock units that roughly equates to the value of the stock offer they made when you joined. Going forward, your Vesting Schedule is based on units of your total grant, rather than than value. Say 1 stock is worth $10. They offered you $10,000 worth of stock. This means you will get 1000 stock units. 250 of them will vest in 12 months, at whatever the stock price is one year from now.
India
Yesterday
954
Congress = Muslim league
India
Yesterday
702
Any Indians Think Kashmir Should be Independent?
India
4h
1808
Why is it so G*damn difficult to move money out of India
AMA
Yesterday
1682
I have worked at TikTok US core tech for 3 years. AMA.
Tech Industry
Yesterday
2224
I do tech screens at Google. AMA
“Over 4 years” means they vest into your control on some schedule over 4 years. So no, you don’t “get” anything on day 1 other than an equity grant.