Nothing like a layoff and getting g F’ed by the stock price at the same time. I’m sure there are some like Uncle Larry taking it to the bank.
8 replies (most recent on top)
@j1 Only if you are still employed.
Meanwhile your total compensation reduces year upon year.
@sg You lose them and ..... the house (Oracle) win.
@sg unfortunately you lose it all
Sorry for my question, but what happen if a have RSU not vested yet (awared last and this year)?
If I am fired, can I get any in exchange for them? Any kind of compensation?
According to terms, I will loose everything not vested yet :(
@j1 Maybe
@gk keep the rsu. In a few years it will be worth a lot more than you will get now by selling.
Well, imagine if you got told "good news" there's no money for a pay bump .... again but instead you are getting some RSU's
But ... don't tell your colleagues.
Oh thats amazing, well not really thanks to the sinking share price and significant tax liabilities. Once again, total compensation sinks.
Don’t sell your vested RSUs.
Keep them until they are a new high then sell. When you are no longer working you won’t have to worry about the blackout period that employees have to.