On: Tech stocks wipeout: Engineer's $400K comp is now ...

[Khelavaster]

Aren't most stock compensations for tech workers done in dollar-valued equivalent at the time of vestment?

[dgarrett → Khelavaster]

Nope, the valuation happens at the time of grant.

So you are granted a number of shares valued at $X. Then you can’t sell those shares until they vest, by which time they may have gained or lost value.