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kerbs | 3 years ago

They still have their equity grants that will vest each quarter as they would before. The difference is they are vesting a cash value equal to the price-per-share of when it was bought.

If you happen to be hitting your cliff soon, that is the only case you might be going down to base only.

discuss

grogenaut|3 years ago

Okay I can't unpack that.

I think that you are saying that if you had future vests that will turn into shares at the aquisition price ($53/share or somthing). But only your remaining outstanding vests exist.

I have no idea how far out twitter gave shares. Amazon does them to 3 years. So everyone who remains at twitter has some amount of time till they run out of all veests, depending on comp the latter vests may be big or small.

They all still go to base only and my point still stands tho they'd have till near when my final vests were coming up to tell me WTF my comp looked like.