Cisco is a relationship based culture, RSUs are determined by likability.
7 replies (most recent on top)
I was a G10 in BXB hired about 10 years ago and yearly RSUs simply did not happen. I did end up getting some much later but it took years. Maybe they didn’t like me. What locations receive RSUs? Like 300 per year? Wow, was I screwed or what?!?
Is 500 RSUs for G10 good?
Only if you get 500 every year.
Giving the long vesting time, you need to get a few back-to-back.
I made 300k at cisco in RSUs , grade 11, till they stopped giving them last two years, then i quit, fools gold.
re: Then change 500 to 5,000, and then to 50,000... then you can see why the Execs have more at stake than the masses - not complaining on Cisco RSU generosity - but the number means much more the higher you go...
- Punch in the numbers for your 500 shares and determine what the your potential capital gain and profit might be once vested...
- Then change 500 to 5,000, and then to 50,000 - and you can see why, while it is a nice gesture to receive RSUs; chances are they aren't going to change your life...maybe will buy a nice vacation or two though :>
Read the below article / illustration. The example below is on 4,000 RSUs with grant at $18 PPS which eventually makes it to $50 per share. The real question to ask yourself is what is the gut feeling on a similar increase over time for your RSUs.
https://www.schwab.com/public/eac/resources/articles/rsu_facts.html
"Example Of RSU Life Cycle: The following hypothetical example outlines the entire life cycle of an RSU grant. It is important for you to contact your tax advisor about the impact of these events on your taxes.
You receive 4,000 RSUs that vest at a rate of 25% a year, and the market price at grant is $18.
The stock price at vesting in year one is $20 (1,000 x $20 = $20,000 of ordinary income), at year two $25 ($25,000), at year three $30 ($30,000), and at year four $33 ($33,000); the total is $108,000, and each increment is taxable on its vesting date as compensation income when the shares are delivered.
You sell all the stock two years after the last shares vest, when the price is at $50 ($200,000 for the 4,000 shares). Your capital gain is $92,000 ($200,000 minus $108,000), which is reported on your tax return on Form 8949 and Schedule D. If you hold the shares for more than one year after share delivery, the sales proceeds will be taxed at the long-term capital gains rate."