8/15 Anyone joined VMware as an engineer recently, like, 6 months ago? How
many shares of option did you get, and what's the exercise price?
\_ Normally, as an engineers, your total gain regardless of number
will be $200K in a 4 year vest period, ON AVERAGE. That means
some people will never make it ($0K/4 years) and some people
will get super rich. As an engineer, don't expect anything
because mgmt will always get 100X more shares than you.
\_ It isn't about "how many shares". It is about "what percentage" of
shares. As I've had to explain to an HR person more than once, if
she can't tell me how many total shares exist then her offer of X
shares is totally meaningless. I would rather have 10 shares at a
place with 50 total shares than 1 billion at a place with a 100
trillion. It is literally a "share" or slice or piece of the
company. Also, if you are pre-ipo, your price being 5 cents or 5
dollars a share or whatever isn't that important if you can sell at
50+ like vmware or at 500+ like google. Does it really matter if
you made $495/share or $499.95/share? So, since they're already
public, what does it really matter to you as a non-vmware person?
\_ it's still important, just to see what sort of gain one might
expect to have gotten out of this one.
\_ no, it isn't. because whatever your original grant is is
almost always 'resized' to fit the issuers need for public
share with splits or reverse splits as appropriate. my 10
shares in a 50 share company would be millions of shares
when they had a financial event. my billion shares would
be reduced from the trillions company. if you just want to
know how much a vmware engineer made, then you need to ask
how much a vmware engineer made not some share count proxy
and you'll have to wait 6 months until they're allowed to
sell on the market. right now whatever they are worth is
paper and worth nothing but hope and dreams until sold and
taxed. |