Snap RSU grant price/date

Nov 29, 2021 6 Comments

Hi,

Could anyone from Snap help me out - how do they decide what the RSU grant price is when you join? And if it's the average from a certain number of days before your start date, does that include weekends/holidays or only days when the market is open?
Not trying to time the market too much, but would be lying if I said I don't want to at all.

I'm considering an offer:
TC 198
YOE 1

#snap

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TOP 6 Comments
  • Snap
    fdnfc

    Go to company page Snap

    fdnfc
    From your start date, the previous average closing day price for the previous 4 weeks.

    Holidays, weekends, market closed days do not count in the average.

    Also, congrats. What an awesome price point to come in at. I’m bullish for next quarter earnings. No way snap is not grinding hard to absolutely crush this next round after the embarrassment from Q3.
    Nov 29, 2021 4
  • New
    yxTY80

    New

    yxTY80
    It vests monthly so does that mean that you can get actual cash from it?
    5d 0