Anonymous wrote:Question about the total compensation (TC) numbers. I work in biotech and typically would give the base + bonus number if you asked my compensation because RSUs are so uncertain. I also am not able to use RSUs until vesting so I do not consider them a part of my day to day income (what I think people are asking when they ask for salaries--your spending power). What am I missing?
I'm the legal person above ... In my life, I do not consider my RSUs as part of my regular income. But RSU vesting has been almost 2/3 of my compensation for the last several years, so it would be silly to exclude them in a discussion about compensation. I sell most of my RSUs at the time that they're vested.
They're uncertain in the sense that the stock can always go down, but the grants have been made, and I will vest in a fixed number of shares each quarter.