Got an offer from Microsoft and want to know how On-Hire stocks are paid out? In the offer letter no vesting period is mentioned and it says it will follow Microsoft stock award agreement 2017. TC: 130k
You will be allocated the total number of MSFT units which be calculated based on the price of MSFT share on the 15th of the month following your joining month. And from then, after 1 year 25 percent of total your stock units will be vested and every 3 months thereon, 6.25 percent stock will be vested.
4 years. First year 25% of the total and then it follows a quarterly cycle where 25% total is vested each year. Source: my offer letter on the action center.
It’s always nice to see another KP homie on here. Thrive fam
Thanks!
5 stonks
What is the offer
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What’s the offer