How do RSUs work in Coinbase
In the offer it shows that vesting event is every quarter (an equal amount every quarter) It shows the amount in cash. Does it mean I get payed in cash or in stocks? If in cash, what's the tax policy on that? Please don't be harsh on me, never got equity before. TC 345-362k$ (170k$ base, 17k$ perf bonus, 175k$ rsu) #coinbase #rsu #vest #equity #tech #sde #swe
Say you get an offer with $200k yearly equity. In February, that $200k will be converted to a number of shares by dividing 200k by the average share price for the previous 60 days (usually that’s the time span). You will vest 1/4 of those shares every 3 months (feb, may, aug, nov). You will vest the shares, not cash. You can choose to either sell those shares, or hold them. But you are taxed on the RSU’s like they are income which is why most people sell their RSU’s when they vest, in order to cover the taxes
Is number of shares that vest per year calculated by the price when you join? If the stock price doubles, do you get half the number of shares for second year?
Your number of shares are calculated in February of every year (same for all employees). So every year, your yearly equity value will be divided by a trailing price average of the stock and converted to shares
It depends on how they calculate the number of units. Is that mention on the offer letter? Ask the recruiter on that.
Your reply is empty (or didn't render properly 🤔)