Re:Google Life Sciences Exodus
by greiskul on Monday March 28, 2016 @02:34PM
(#11376255)
Google employees don't get stock options anymore, but "Google Stock Units": https://www.quora.com/What-are-Google-Stock-Units-for-new-hi...
So although the stock price rising makes everybody happier, there is no such problem of out of the money stocks.
[ Parent
| on HN ]
For the rest of the world, we just call them Reserved Stock Units.
The OPs point still stands regardless; unless for whatever reason you think you'll get 1) a windfall of stock grants that are 2) calculate from some actual monetary amount divided by the current stock price, you want the value of your stock to go up.
Reserved stock unit? Do you mean restricted stock unit? RSU?
what exactly is RSU? What's the difference between it, and stock you buy from a broker on the market?
An RSU is like an option with a strike price of $0. You receive the option to puchase stock (with vesting).
This is in contrast to actually purchasing a stock on the market.
> to purchase stock [via] vesting
So when the rsu has vested, it is converted to normal stock, where you can sell on the market for cash?
Re:Google Life Sciences Exodus
by brandmeyer on Monday March 28, 2016 @10:35PM
(#11379132)
> converted to normal stock, where you can sell on the market for cash?
With the smaller Google-specific "well but" limit that insider trading rules restrict employees from trading in the company stock except for narrow trading windows after the company's quarterly reports.
You can sell during blackout periods if you file a 10b5-1 plan a few months (year?) in advance.
Re:Google Life Sciences Exodus
by benlangmuir on Monday March 28, 2016 @08:28PM
(#11378653)
Yes. It's just stock on a vesting schedule.
Yes, google GSUs = RSUs.
Yes, thanks. Brainfart.
Re:Google Life Sciences Exodus
by mathattack on Monday March 28, 2016 @06:06PM
(#11377783)
Interesting. This mitigates the problem somewhat (by making it not binary) but not entirely.