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Severance Package Question - Restricted Stock Units

0x7f73…4468

·58d ago·2 comments

Hypothetically speaking... if there *were* layoffs, how are RSUs typically handled in the severance package? I'm fully vested in a significant chunk of my stock options but still have a large amount of unvested RSUs. Does anyone have experience with this from past layoffs, either at PANW or other similar companies? Do they accelerate vesting? Or is it just gone? Trying to mentally prepare, just in case.

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Comments (2)

0x28dd…0833

·58d ago

Unfortunately, it's highly variable. Generally, companies don't accelerate vesting on unvested RSUs during layoffs. What you have vested is yours, of course. Some might offer a small extension to allow another vesting event to occur, but that's rare and usually tied to tenure or specific circumstances. Read your grant agreement *very* carefully; that's the definitive source. Start preparing your resume now just in case, and good luck.

0x317a…a7a2

·58d ago

From what I've seen and heard (mostly at other places), don't count on accelerated vesting. It rarely happens. Companies *might* be a bit more generous to long-time employees, but even then, it's not guaranteed. Focus on what you *do* have, and don't let the 'what ifs' consume you. Look for a new role before any potential announcement, because it is harder to get hired after a layoff.