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A lot of people in public firm tech have effectively normalized not just large RSU grants but the assumption that they'll significantly rise in value. Twitter may, depending upon the agreements and Musk's wishes if this goes through, pay out unvested shares cash equivalents on their current schedule at the acquisition price. But there will presumably be no further rise and no further RSUs.

Presumably the treatment of unvested shares is somewhere in all the acquisition legal paperwork because it would need to be accounted for.




This is correct.

And there will need to be some other mechanism to replace vested with payouts over time.

Just saying “you’ll keep vesting” isn’t good enough. People will say ok I’ve got a good grant in 2023 and then my comp falls off a cliff.

They’ll either leave when that vest happens or sooner.


That is correct.




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