A publically traded company offered me 100k RSUs, they are trading at $50 per share. Does that mean it's essentially 5M in cash if I sell?
UPD: recruiter mentioned it's 100k RSUs, NOT $100k in RSUs. It's a number of RSUs, not a cash amount equivalent. I worked only for startups before so in a startup if you get 100k RSUs you pay let's say $1 strike price to exercise each option. Not sure how it works in public companies but I assume I don't have to exercise since the stock is already liquid.
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Only asking because I’d assume someone in the $5m+ TC band would know what an RSU is without asking Blind.