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~$500k
Could you please suggest the range for L3 versus L4?
Coach
Whatever it is it will rapidly decrease ……
Can’t fall too much farther from where it is now. At least it’s an attractive dividend stock now.
18% for L4, 36% for L3, 72% for L2, and 144% for L1.
Caution that it is 100% discretionary.
I stand corrected, in my case, almost 6 years ago, the equity given was 120% of base and 100% cash, with a 5 year vesting period (cliff vest on 5th year), as an L3.
OP, I do not know the exact numbers for L3 and L4, however L2 was ~$500k in stock plus a cash signing bonus of $200k broken up into two payments.
I would expect the numbers to be slightly lower for L3 and L4. A new promote to L4 gets $175k in award grant.
The percentage is for the annual equity bonus. That’s on top of the welcome grant.