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by matt3210 615 days ago
RSUs and other vesting should be (as in, it would be nice if they did) prorated in the event of a layoff (assuming layoff here means no-fault separation).
2 comments

That would be the only situation in which I'd even consider them part of compensation. If I can't use it to pay my rent now, it might as well not exist, given the likelihood I'd never be able to realize them anyway.
Sometimes it is if the company feels generous, though even in countries with strong employment law these benefits have no statutory protection.

One of my previous employers had a rule where they would vest all of my RSU if I were to die while employed there.

> One of my previous employers had a rule where they would vest all of my RSU if I were to die while employed there.

Idle curiosity: Was that in lieu of or in addition to life insurance? (Most of my employers have had free life insurance with a payout of a multiple of base salary.)

That's in addition. Just a goodwill thing that they did.
I suspect most FAANGS have some kind of RSU vesting acceleration due to death. Amazon accelerates two years of RSUs upon death.
Anyone fake their death?