One-Year RSU Grants are for Suckers or Quantifying the Free Option Value of the Four-Year Varietal - Daniel D. McKinnon

TL;DR Independent of the fact that stonks usually go up, equal-vesting, four-year RSU grants are worth ~26% more than their face value due to the embedded optionality and ~13% more than the equivalent one-year grant. I leave figuring out the … Continue reading →