Can anyone shed light on why would one decline the LTI/RSU offer?
5 replies (most recent on top)
@10a not necessarily. They didn’t have them when I started, at least in the more junior role I was in. I got it when I moved to a TR4 role a few years back.
@ry wouldn't this be anyway there when you joined the TR. AFAIR, I guess those conditions are there when you signed the TR offer.
In the U.S., there are non-compete and non-disparagement provisions in it that some employees may not already be subject to. Note that in some U.S. states the noncompete may not be enforceable.
Some senior execs are required to build up a stock holding, I think up to 3x salary, and can therefore not sell stock as it vests (half per event) When the stock is dropping this can lead to paying tons of tax on a value that then disappears, and no way to get the stock back. Similar thing of course can happen if you hold on to the stock after vesting and the stock drops, but at least that was your decision :-(
I had one decline SEA grant due to concern over impact on H1B visa.
Personal decision. Anyone sticking around long enough for them to reach full vesting?