So, I have options
April 11, 2011 5:18 PM Subscribe
I recently received approximately ~$10k worth of restricted stock that vests evenly over the next several years. I've been with the company one year and it's my first job out of college. Could someone provide some insight into 'stock options' as compensation tool?
I recently received approximately ~$10k worth of restricted stock that vests evenly over the next several years. I've only been with the company (Fortune 500) for a year and it was my first job since graduating. Obviously, the restricted stock has a vesting period in order to tie my compensation to the company's performance, as well as a way to retain me as an employee.
How common is it to give 'new' (I wouldn't quite say 'entry-level', since I have a decent track record and skillset, but close to it) employee restricted stock in a large company? My understanding was that it pretty much never happens in my company, and I'm the exception.
I'm not looking to toot my own horn, I just want to understand this compensation practice--after all, I don't actual have the reward in cash. Do all managers or high-value employees get stock options/restricted stock? Do key employees typically get options every year? Should I expect this again as a part of my compensation--assuming I do exceptional work--or was it a one-time thing?
Really appreciate the insight, as I have no one else to ask these questions to.