Got let go...the RSU line in the package is cryptic.....
Do unvested RSUs get paid out?
Got let go...the RSU line in the package is cryptic.....
Do unvested RSUs get paid out?
Not sure if it's different in Canada or not but this depends on a couple of factors. Those RSU's held 6 months or less are lost. Those 6 months but less than 1 year are generally pro-rated (e.g. number of months between grant and layoff / 12). Those 1 year or more are vested and deposited shortly after you are off payroll. It may be a little different for those 50 or older.
I didn't understand this either which I assumed meant they would be not.
No. They are unvested.