>at the time of the offer letter the share price on the conversion date is not known
That's exactly why the notice should (and usually does) state both the RSU # and the present $ value while also indicating that it is the present value.
That's exactly why the notice should (and usually does) state both the RSU # and the present $ value while also indicating that it is the present value.
But the point that’s being made (as I understand it) is that certain companies, including Amazon, first decide on a dollar value, notify the employee of that value, and then later grant the commensurate number of stock units based on the price at that later time.