Zillow RSU vs Stock Options.
Joining Zillow in a couple of weeks and was wondering about what to choose between RSU and Stock Options. They provide a 1:3 value which means stock options break even at 1.5 times the locked price (around 32 for me). I can divide it in multiples of 25 Current TC : 175k New first year TC - 347k Amortized new Tc - 291k Net worth - 120k #Zillow @zillow
I’d suspect 100% RSU is a better bet. Even if you could guarantee the stock would beat 1.5x, I’d guess you’re still better off buying call options and taking the RSUs. (holding derivatives is likely against the insider trading policy, but when the market tells you something you ought to listen)
That’s a good rationale - only thing is buying externally gives me a 1:2.4 while choosing options gives me 1:3
Do 50-50 if you want to take a medium sized risk
We don't know your risk tolerance or you interview skills. Safest are the RSUs. Which is a valid criteria to have. But if you want to maximize, you'd probably be better off taking the options and bouncing if things are not going Zillow's way.
Go 100% RSU, the stock will go under water always.
Can you share offer breakdown ?
185k Sign on 75 Rest is stock
Is this for a tech P4 role? Did you have competing offers?
Yes and yes
Hi OP is your competing offer higher than Zillow's initial offer? I got p4 initial offer but it's at the bottom of the band. I got another public company's senior offer but looking at some numbers other people posted is slightly lower than zillows
Yoe?
6
Level?