Mid-30's. Male. Married. A few kids. SF bay area. > 10 yrs at top tier post-IPO SV company. Backend infra development (C++). One of the top 10-15% engineers in the company. > 400K total comp this year - Going forward, it seems stocks will dominate the total compensation but its okay given the current state of my company. Taxes: effective 35-40% (federal + state + payroll).
If quoting as of time of delivery, I think it's a bit confusing as it mixes in the capital appreciation or loss of the stock with the employers actual intended total compensation for the year of the award.
For example, let's say you were awarded 400 shares of stock 2 years ago, and 100 shares vest each year. Stock price was $300 two years ago at the time of the award, but now is $600 at the time of this year's vesting.
Would you count the contribution of 100 vesting shares to your total compensation for this year as $60k?
Or, since it was awarded 2 years ago, would you have included the full 400 shares only in your two-years-ago compensation number valued at $120k?