I need help understanding my offer. I didn’t include a poll intentionally. Am I getting 40 + 40 = 80K over the first 4 years or 4 * 40 + 40 = 200K over the first 4 years? The offer is from Jetblack not Jet.
40 + 40 = 80k over four years
I’d say about tree fitty
It’s more complicated than that. First year you will get 20k (10k= 0.25*40 from each grant). Next year you will get a new 40k grant and 20k from the previous grant. So total 30k for next year. Then 40k in the third year and 50k in the 4th year. It’s also complicated further by individual and company multiples. But the point is the longer you stay the more equity you get.
Ok i also work at walmart and have the same grant. Walmarts RSUs are kinda crappy. You get a 40k grant every year except every grant vests over 4 years. So first year you get 10k, second year you get 20k, 3rd you get 30k and 4th you get 40k Every year after the 4th you continue getting 40k
40k new hire stocks over 4 years, 10k per year. 40k grant every year which again vest over 4 years, so 10k per year.
So is I am getting 10k first year, what happens to the remaining 30k do they ever best? If I am getting 20k the second year what happens to the remaining 20k?...
You get a 40k grant every year but each grant vests over 4 years
End of 1st yr, you can sell 20k End of 2nd yr, you can sell 30k more End of 3rd yr, you can sell 40k more End of 4th yr, you can sell 50k more End of 5th yr and every year after that, you can sell 40k more Stock price will vary so YMMV on how much you will make.
I got it... Finally 😆
Thank you all! Blind delivers.
Hey what did they offer you?
40/yr for 4 years 40 signing (just as RSUs) 200k