Hi sharks,
I have one doubt
Walmart has given me 2.55 Lakh RSU.so how it works.
On the offer letter they mentioned that RSU award will vest over a four-year period based on the anniversary of the grant date in 25% installments.
Is it like i will get around 64K per year ?
TIA
Walmart

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Posting as :
works at
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Yes, you will get 64k worth of stocks every year. If you choose to sell it, around 40% will be deducted as tax and fees. But every year you get a new allotment of stocks that will be vested over 4 years

2022 : 25% (2022)
2023: 25% (2022) + 25% (2023)
2024: 25% (2022) + 25% (2023) + 25%(2024)
2025: 25% (2022) + 25% (2023) + 25% (2024) + 25% (2025)
2026: 25% (2023) + 25% (2024). + 25% (2025) + 25% (2026)

And so on. The amount of stocks you get depends on your level as well. IN4 get 15%, IN4 gets 25% etc

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Any clue on average ctc for IN3? I'm from consulting and I don't know how ctcs work in pbc. It'll be helpful if you can give some range for my salary negotiation

after tax deduction amount

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?

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