Amazon 20:1 split is good for RSU vesting? (Amazon Employees)
Apr 13
25 Comments
Was offered 92 shares as a new hire at Amazon, will be joining a week to two before the amazon stock splits.
Heard amazon used to round down at stock vest (I.e this means 4.6 stock units for me at y1 vest and I would’ve only got 4).
My 92 shares will now turn to 92x20 = 1840 shares after June 6th so my year1 vest will give me 92 post-split shares. This eliminates the stock round down crap Amazon used to do for all employees. This is just my hypothesis but can someone at Amazon confirm?
How did Google handle fractional RSUs? Did they used to round down as well at vest?
Tc: 300k (at amazon)
#amazon #google
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welcome to amzn btw!