Is it safe to assume that Uber's tender offer is a one-off situation and that it may or may not happen ever again prior to a future IPO? I'm expecting an offer soon and I figure that I'll never be able to subscribe to this tender offer by the time my one-year cliff is reached.
It is the second tender offer in 6 months. However, RSUs are not eligible, only options (that are not being offered to new starts). As per our CEO saying this publicly in multiple places, IPO target is 2019, so I would not worry about offers in between.
The tender offer is not for you.
Cool I see. About the RSUs do I pay taxes on them when they vest?
Would new tender offer at $40 mean 409a value will jump to $40 from $33?
Don’t worry about it. You can never since what you are getting is RSU and you will never be eligible