Anatomy of the Price-Protected RSU: Design Mechanics in Detail
Key takeaways Every Price-Protected RSU is built from the same six components: base price, scheduled tranches, price check, carry-forward, grace period, and final expiration. The most consequential design decision is how carry-forward works. Per-tranche windows...
Improving the Time-Based RSU: The Case for the Price-Protected RSU
Over the past two decades, time-based restricted stock units have become the dominant form of equity compensation for late-stage private and public companies. Their rise was no accident. As organizations moved beyond stock options, RSUs...