Roblox is high growth? Their stock went from 130 to 40$
OP meant high loss Lmao
Their offer on paper is good but they're risky
Twitter backfilled 45% of your drop of it was > 30% depreciation for this year (not the whole grant). Not sure how to evaluate if refreshers are good or not since this is the first company I got them but mine was around 1/4 of my initial grant. Was rated dead median cuz low tenure.
Thanks can you elaborate more? For example. Say you had 100k target in stocks but stock fell 50%. You are saying for this year 2021 or say 2022 they see the drop and granted more stocks at the current price to try to achieve 100k total for this year? Also what's the vesting period for these grants?
If you had 100k and the value dropped to 50k, you would get a 50k * 0.45 = 22.5k make up grant. It vests quarterly for the current year with no up front cliff. The grant is cash for those < senior and RSU for those >= senior.
As far as I know most companies whose stock got hammered either already did a partial true up grant or are in the process of doing it
What did Roblox do?
A true up so that your sign on grant price was effectively ~$65
Snap did a partial top up for those most affected
No