I heard Amazon offers # of RSUs instead of total value on their offer letters. How is it priced? Is it based on some sort of moving average when the offer is created? What precisely is it? But for candidates, they evaluate an offer based on total value. Say if they offer me 100 shares, that’s 245k. But recruiter might say it’s 300k because they priced it at 3000 per share. How should I negotiate in this kind of situation? Is it based on “offer drafted date” or “offer signed date”?
Based on past one month average
No It is the stock price when he verbally made offer to you. Absolutely CMP.
Mine was at $xxxx on a 30 day average stock price
I'm in similar situation, but I accepted the tc comp offer verbally, didn't sign the offer letter though. Idk how/what I should ask for RSUs. I know the recruiter gave me rsus based on cmp of $3140. But as of today stock is trading around $2400~ Is it an option to wait for moving average to go as low as 2400 and then sign offer? But it would take another month or so to reach that level. And I'm pretty sure AMZN won't reach to $3000 level in a month or two so Simple moving average would be pretty low for a couple of months from now.
Isn’t the offer valid for a few days? Even if you wait in some way without signing the offer letter, you’ll have to ask them to revise the offer letter as it will have number of rsu not the dollar amount
My offer letter mentions RSUs. Nothing about the cost basis for each RSU. So, I am not sure what cost will be used.
Following up!
It’s based on projected price. Ask if the projected price is calibrated to the current stock price.