Hi , Could some one please help me understand if the below offer is good for MTS 1 - T25 - PayPal Bayarea ( San Jose). Base 172000 RSU 112000 ( vesting over 3 years @ 1/3 every year) Sign on Bonus 20000 Annual Bonus : 10% I was expecting 250K per annum, but the offer seems to be close to 226K per annum, so thinking if i should accept this offer or not. Any inputs are appreciated! Also, is the 112k stock is based on the current stock price or past price ? #paypal #paypalsalary
YoE?
12 yrs
Your stock is granted on the 15th day of the month AFTER the month in which you start. For example, I started on May 4 and my grant date was June 15. Which sucks, because I could have gotten a much better price if my offer date was a month earlier. Then, a stock price for your grant is determined by averaging the PYPL closing price for the 30 trading days immediately preceding your grant date. Finally, your grant amount is divided by that price and rounded up to yield the total (whole) number of shares you'll get.
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I’d say this is a typical offer for that level. The stock is based on the price at some point in the future near but not before your start date.