CompensationMay 29, 2018
MicrosoftqOgE31

Uber RSU price

What is the real RSU price of Uber today? I checked previous posts, some offer claimed 409a price is 33/share, some claimed 48/share, shouldn't there a unified price when sending offer ? what is the real RSU price in Uber ? Is the price decided when signing offer, or from starting date ?

Add a comment
Microsoft 123bleb May 29, 2018

You recruiter should be able to tell you . There are 2 types of shares , common and preferred. Preferrred has more benefits before IPO like in case of liquidation . That price is 48/share . We get common shares . That price is based on 409a valuation , which is currently 33/share but it might or might not change based on the new tender offer.

Microsoft qOgE31 OP May 29, 2018

In the offer it says " the company shall grant you XXXX restricted stock units ("RSUs") with respect to shares of the Company's Common Stock.", does it mean it is calculated as $33/share on the "Common" shares you mentioned ? However, the recruiter told me on the phone before the price is $48/share . I am a little confusing now.

Microsoft 123bleb May 29, 2018

You will get common shares , and it is potentially worth 33. Do remember at IPO all stocks will be valued the same . I guess that is why the recruiter is mentioning $48/share

Microsoft A1sTblue May 29, 2018

When you get an offer, recruiter will tell you the $ to use for estimating the RSU worth. You will get X number of RSU not $X worth of RSU from pre IPO companies (unlike what you get from Microsoft which is $X worth of stocks). X number you will get during offer signing is final irrespective of value going up or down during joining date.

Microsoft qOgE31 OP May 29, 2018

the offer is in number of shares, however, it will be very different based on different price like $33 or $48

Microsoft 123bleb May 29, 2018

This has changed recently . Uber is now offering $x worth of stock in the offer based on the latest 409a price

Uber Mack10 May 29, 2018

You should be honored that we accepted your candidacy. Stop fishing

Microsoft qOgE31 OP May 29, 2018

This is not fishing, but make clarification for ourselves and other future candidates.

Uber Mack10 May 29, 2018

get back to work. Come back when u get an offer and make sure to share your TC before asking for handouts

Groupon IXoA27 May 29, 2018

What's the TC and breakdown?

Uber On May 29, 2018

Officially, it’s determined when the Board meets to approve your RSU grant. That could be 6+ weeks after your start date. I wouldn’t be surprised if they clarify that policy for outstanding offers, in light of the tender.