Offered RSUs, price will be based on hire date. Any strategic way to get maximum number of RSUs from absolute $ amount?
So I am planning to jump ship and my next employer is giving me $X amount of RSUs calculated based on the closing stock price on the date of hire. Just in last 30 days, the stocks has moved up 20%. I am worried that by my hire date the stock will move even higher and hence the total number of RSUs I will get will be less. Is there a better strategy for me to get more amount of RSUs? There is a little flexibility on my hire date (Same as start date in this case) maybe a week earlier or a week later. But since the stock is unpredictable, I wont be able to time it in my favor. Do you guys have any other tricks under your sleeves? @Microsoft @Apple @Netflix @Uber TC: 365K (1K/day)
Check with the company on when your NH shares are actually granted. This is not traditionally on your hire date but rather on a fixed date each month or quarter. The average price is generally calculated on the grant date. If you think the price is continuing to go up, join as early as you can
If you can “time it”, that means you can predict it. If you can predict it, why are you even trying to be employed? Just become a trader and become the world’s first trillionaire.
You need to work on your reading skills. I clearly mentioned that I am not able to time it like anyone else.
You should double check with your recruiter whether it is the closing price on a particular day or is it a moving average of the last 30 days. I would be surprised if it is based on closing price on a particular day, because everyone who's joining would be anxious like you.
The offer letter clearly mentions closing price on hire date
You can be like me and hope your companies stock tanks beforehand. Maybe trump will make some dumb ass tweet or the CEO will get meetoo'd. Who knows!
Thats what I am hoping for but the price keeps going up!