Robinhood offer question

Microsoft / Eng
cholical

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cholical
Mar 22, 2021 242 Comments

On my offer letter, i just noticed it says "We will recommend to Robinhood’s Board of Directors (the “Board”) that you be granted XXX restricted stock units for Robinhood’s Common Stock".

Why does it say "will recommend"? It says "will receive" when it discusses the signing bonus. Does this mean that the RSU share number can still change between when I signed the offer and when I actually begin? Or is this standard corporate legal language?

I'm concerned because I received the offer when the valuation was still 11B and would be really upset if the offer turned out to be at 26B.

Previous TC: ~240K

RH offer: 295K at 11B

2 yoe

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