Re:Meta Earning Results Q3 2022 [pdf]
by itake on Thursday October 27, 2022 @04:47AM
(#33354919)
You can be underwater on RSUs if you have a lockout or blackout period for when you can sell. Uber had this problem [0] after their IPO.
If you factor in taxes, you could end up owing more in taxes than the shares are worth (ex: vest price is $10/ea, taxes are $3/ea, current price you can sell at is less than $3 == underwater).
I think Aurora employees were locked out for 180 days, but force to exercise options at IPO price.
If you factor in taxes, you could end up owing more in taxes than the shares are worth (ex: vest price is $10/ea, taxes are $3/ea, current price you can sell at is less than $3 == underwater).
I think Aurora employees were locked out for 180 days, but force to exercise options at IPO price.
[0] - https://www.cnbc.com/2020/08/28/nearly-200-uber-employees-su...
[1] - https://www.google.com/finance/quote/AUR:NASDAQ