[vvanders]

Yup, if you work for a non-US based company that offers stock you have to file an FBAR as well. It's not overly complicated(although the timing is different than taxes which can be a tad annoying).

You already have to disclose your income so I don't see bank account balances as a large step up from that. I'm pretty certain all US based banks already do this so the FBAR just covers foreign accounts.