Google offers employees Google RSUs as a part of their compensation package. You can determine the value of your GSU by taking the intended value as defined in your offer letter divided by the current closing price of Alphabet Class C capital stock.
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Class C shares of stock are those typically held by employees without voting rates. They may be inexpensive to purchase at first but will have higher fees in the long-term. You would have A cliff refers to when the first portion of your option grant vests. During this time period, you must stay at the company in order for any portion to vest.
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- Everything about your offer letter (CTC, Base Salary, Bonus, Stocks, etc)!
Google provides the RSUs in a brokerage account. We discuss additional information on your tax impacts below.
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You must stay employed to receive your vested shares. Your shares are worth the current price.
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If the price happens to drop the day before your vesting date, you get the lower value. You can keep the stock as long as you want.
If you do accumulate them at a lower value, you can keep the stock and wait for it to increase. Google operates on a 4-year vesting schedule. The employee will continue to hold the options even if no longer employed, unless the stock option plan states otherwise.
Most importantly, get everything in writing. Follow her on Twitter at vickisalemi. This article is not intended as a substitute for professional legal advice. Always seek the advice of an attorney regarding any legal questions you may have.
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