Tech IndustryApr 25, 2022
Twitterl33tcoder!

#Thankful 🙏

After years of Twitter stock underperformance I’m #Thankful that Elon bought the company. If you haven’t yet heard all existing unvested RSUs become cash equivalents on same vest schedule at 54.20 / share which is a big jump from last refresher. Also no comp changes for one year. Given the likely stock market crash + recession it’ll be great to buy discounted stocks while TWTR cash is locked to sell at a great price. Old TC : 450k New TC : 650k (while I last at company)

Qualtrics YS0SRS Apr 25, 2022

How are you getting paid out for unvested RSU?

Pinterest koolaidy Apr 25, 2022

“If you haven’t yet heard all existing unvested RSUs become cash equivalents at 54.20 / share which is a big jump from last refresher.”

Apple glassWork Apr 25, 2022

New TC or GTFO

Twitter l33tcoder! OP Apr 25, 2022

Updated post. Thanks for asking! 🙏

Intuit 👉THATguy👈 Apr 25, 2022

Happy it’s working out for you

Twitter l33tcoder! OP Apr 25, 2022

Thank you! 🚀

HashiCorp aTNP24 Apr 25, 2022

He snagged it for cheap!

Twitter l33tcoder! OP Apr 25, 2022

True but last year was COVID bubble inflated price. Probably earnings this Thursday would have sunk stock

Meta refer me Apr 25, 2022

Congrats buddy. Happy for you.

Mailchimp rockstarEM Apr 25, 2022

I am selling at loss. My average is $60

Twitter l33tcoder! OP Apr 25, 2022

Yeah I wish there was a way to get equity in the upcoming private Twitter as I expect great positive changes ahead. So much untapped potential.

SAP RzDl47 Apr 25, 2022

So you get immediate vesting in cash? Not a bad deal.

Twitter l33tcoder! OP Apr 25, 2022

Not immediate - instead of shares we get cash on same schedule

MaxLinear kwak Apr 25, 2022

Huh..today’s post about recession

Twitter l33tcoder! OP Apr 25, 2022

30% and rising chance. Just look at the fed actions.

LinkedIn ifkifgj Apr 25, 2022

Sweet deal. What about refreshers, I’ve heard they were good, are they gone? Also, now that twitter needs more cash to pay salary, are layoffs likely?

Twitter l33tcoder! OP Apr 25, 2022

Yeah refreshers are an unknown. If no refreshers at least I get a year at increased comp.

Accenture MJaC71 Apr 25, 2022

Willing to maybe provide referral?