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[quote=Anonymous]You can swap unvested stock old company for unvested stock new company but even that is a risk.

My old start up we hired a guy with like 200K unvested RSUs and HR gave him 240K unvested RSUs in our company on a 4 year cliff vest of $60K a year for four years. They also told him annual bonus was 50K RSUs. And he got a ten percent raise.

Well my firm laid him off in month ten. He got zero of his sign-on and no annual bonus. So he was out 200K prior company RSUs and lost an annual bonus. He got four weeks severance.

Lots of Tech and Start ups sign on RSUs are one one year cliffs over four years so let go before one you get zero.

My old place annual bonus was a two year cliff. 50 percent right away and 25% next two years. Pretty much if canned or quit prior two year point you leave a lot on the table.

On a side note I find RSUs like this discriminatory. My prior job you start and a kick butt worker at 63 your sign on does not vest to 67. Then your first bonus is 64 that does not vest till 66. And they on purpose give lower bonuses first year or two and then if a rock star in year 3 they will give you a really good bonus or promote but that is in RSUs that vest over two years. By then you are 68. And then if pre-IPO you have to wait till a liquidity event which could be another 3-5 years. A 24 year old it is great. But a 64 year old it is a joke

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