Netflix doesn't do RSUs at all, they do options. You get a comp number, which is all cash. Then you choose, once a year, how much of that cash you want to use to buy options. The option discount changes occasionally, as well as the percent of your salary you can use to buy them. The options are 10 year options.
When I was there the option was 20% of the stock price and you could do 100% in stock if you wanted to. So if the stock was $100 a share I'd pay $20 for the option to buy a share at $100 for the next 10 years. In other words, I was break even if the stock went up 20%, and doubled my money if it went up 40%. It was a great program when the stock was growing more than 20% a year.
From what I understand most people take all cash now, or nearly all.
When I was there the option was 20% of the stock price and you could do 100% in stock if you wanted to. So if the stock was $100 a share I'd pay $20 for the option to buy a share at $100 for the next 10 years. In other words, I was break even if the stock went up 20%, and doubled my money if it went up 40%. It was a great program when the stock was growing more than 20% a year.
From what I understand most people take all cash now, or nearly all.