When does the unvested stock grant get rescinded?

Marvell
bQcy10

Go to company page Marvell

bQcy10
Aug 19, 2021 8 Comments

TL;DR:
Do the unvested stocks get rescinded immediately after I resign or get rescinded after I leave the company?
Elaborated question:
I recently received a job offer from Apple and have decided to switch. I was thinking about when should I resign and had this question regarding the unvested RSUs. Does the company cancel RSU grants immediately after the resignation or the employee is still entitled to receive the stocks vesting during the notice period?
Current TC: 180k
New TC: 235K
yoe: 4
#Marvell #Apple #tech

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TOP 8 Comments
  • EY / Consultant
    jajajaja.

    Go to company page EY Consultant

    jajajaja.
    Your TLDR is longer than your question
    Aug 19, 2021 2
  • Tesla
    πŸ‰β›ˆ

    Go to company page Tesla

    πŸ‰β›ˆ
    You would stop vesting on your agreed upon exit date. The problem is when you give notice and the company decides to terminate you immediately, which makes it a gamble if you’re betting on a vest to finish during your last days.
    Aug 19, 2021 4
    • Marqeta
      CamoShorts

      Go to company page Marqeta

      CamoShorts
      They may walk you out the day you resign. If you’re talking high tens or hundreds of thousands then it’s not worth the risk. If it’s low tens then it’s probably a fair gamble.

      β€œThey really need me” is a fallacy, *everyone* is replaceable
      Aug 19, 2021
    • Marvell
      bQcy10

      Go to company page Marvell

      bQcy10
      OP
      Yeah, that I agreeπŸ‘ will double check on the competitor angle.
      Thanks guys! Cheers
      Aug 20, 2021