How Google GSU work?

New
Same user

New

Same user
Jul 21, 2021 18 Comments

Recently received offer from Google. Wanted to check if there are any better articles related to how GSUs work with forward vesting. I tried running through multiple articles but failed to understand this. Is it that complex? When will I be eligible to get my shares( is it every month or like once a year)? How I can convert them to actual cash.. Do I need to pay taxes for the equity too?
TC : Still negotiating

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TOP 18 Comments
  • Your questions are more about how rsu’s work.
    In most companies, your first vest would be after 1 year of service.
    If by front loading, you’re vesting 33% of granted stock, your brokerage account would have 1/3rd of your initial grant after 1 year. Stocks are considered regular income too. Upon vest, the taxes are deducted and you get the remaining units.
    Once vested, you can sell these units for cash.
    During the time of sell, if your stocks have appreciated in value, you have to pay capital gain taxes too.
    The longer you hold the stocks, the lesser capital gain tax you’d pay.
    Jul 21, 2021 4
    • GE
      n64gtfo

      Go to company page GE

      n64gtfo
      It’s really a statement of did you sell them during short term capital gains period of after that, where they are taxed as long term capital gains
      Jul 21, 2021
    • New
      kurtweller

      New

      kurtweller
      Would really love an example
      Jul 21, 2021
  • Roblox
    TNYc50

    Go to company page Roblox

    TNYc50
    Aside from the mechanics of how RSU vest and tax, there are implications for the vesting schedule. The front loading schedule limits upside and downside and puts a stronger weight on refreshers for retention. You’ll need to get pretty good refreshers and hence be a top performer for comp to make sense after year 3. There’s a lot of interesting speculations that can come out of this.
    Jul 21, 2021 6
  • Box
    mounaguru

    Go to company page Box

    mounaguru
    Vests every month right from the first. Grant Price is based on the first Tuesday eod price the month after u join.
    Jul 21, 2021 2
    • Google / Eng
      BarFooBar

      Go to company page Google Eng

      PRE
      Microsoft
      BarFooBar
      IIRC, this is no longer accurate. Grant price is the avg price over the past month.
      Jul 21, 2021
    • Google
      MelGibson

      Go to company page Google

      MelGibson
      I joined recently and grant price is based off when you join. There’s windows. Basically it’s the average price of the stock for the 6 week period you join. Kinda sucks cause the month before I joined the stock was way lower but I had to wait 6 weeks to get the new average since I joined at the beginning of a window :/
      Jul 21, 2021
  • Box
    mounaguru

    Go to company page Box

    mounaguru
    Are the refreshers front loaded too ?
    Jul 21, 2021 1
  • same as what you can find online except vest schedule differs by company
    Jul 21, 2021 0