Any idea what will happen to all the stock compensation at Twitter from now? If anyone is recruited from now, there wouldn't be any stock compensation benefits? #tech
What about unvested rsus?
Probably converted to cash based on number of shares
you will lose any unvested rsu, imo
About to get paid π₯ like every other Musk company
Shadow units are the same principle but mostly in private companies. For tax purposes the accounting is like a cash bonus. You still vest and benefit from valuation upticks, you can get dividends if they pay out some and get cashed out by the company.
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Yep Elon said he would cash out employees. Vesting schedules would happen as normal but instead of shares it would be cash equivalent
I can't find this, where did he say this? Please help
Sounds about right. Same happened when verizon aquired yahoo