My company provided me X amount of equity with the option to receive cash payouts and RSUs. I’ve been receiving cash payouts monthly as the stocks vest, but now I’m leaving the company and am not sure what I need to do regarding the RSUs. Do I own stocks or do I need to purchase these still? Should I hold on to them or sell? Please ELi5! Thanks!
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Rsu comes with a vesting plan. Any RSU which is not vested is not yours to keep. If you read your offer letter, it would have a section explaining on how your RSU vests.
If you leave, you don’t get anything which is not already vested. The cash payout that you have mentioned is basically your RSU being sold on vesting date minus taxes.
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