I have been allotted 20,000USD stocks by Coursera
How to cash these stocks over the years. The tenure is for 4 years. What are the pros and cons here. Please suggest
You can sell them from the brokerage account Coursera provides you.
Keep in mind that you will be taxed according to US 35.8% , but then , you will be refunded the amount of cash that was excess of your tax slab.
You can sell these stocks only on certain specific dates ( trading window) that Coursera will tell you. Mostly ut will be only couple of weeks in a year.
At the end of the vesting period you will be left with about ~60% of units due to taxes. This is the major con. The taxes are ridiculous. And on top of it you will have to pay Long-term capital gains tax if you don't sell before 2 years.
Check with internel teams about the exact policies
Thank you so much for the info. Really helpful.
Are you still with Coursera?
