c3.ai rsu refresh after stock price dropped

Meta
83730976

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83730976
Apr 7 6 Comments

I heard c3.ai is compensating a 1:1 refresh on existing granted for their employees to compensation their loss on stock price down. Is this true?

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TOP 6 Comments
  • New
    egDr85

    New

    egDr85
    Yes but the details are a lot more complex.

    The way it worked has New hires get bumps. Tenured people got little unless they also received a large grant of RSUs after IPO. If you joined after IPO this is excellent news.

    Many of our tenured employees had their non-existent wealth redistributed to new hires. The tribal knowledge will leave

    Not sure who had this plan. Unless they intentionally want to refresh the work force in tenure as well...
    Apr 7 3
    • New
      egDr85

      New

      egDr85
      Otherwise it's been a good experience. My start offer was highly competitive and I hope this was a massive oversight that will be corrected before tenure starts leaving for purely financial reasons.

      I recommend it if you get a good offer now. The company is a better place to work than it was before

      I especially think this is a stellar place for new grads in all aspects
      Apr 7
    • Thank you.
      Apr 7
  • New / Eng
    69musk

    New Eng

    69musk
    Brotha I’d rather have your undervalued meta stock
    Apr 7 0
  • Booking.com / Eng
    B.old

    Go to company page Booking.com Eng

    B.old
    Gib money please
    Apr 7 0