It's backloaded. 5% of the stock grant vests in year 1, 15% in year 2, and then 40% on year 3 and 4. The argument is that they have a demanding work culture wh

It's backloaded. 5% of the stock grant vests in year 1, 15% in year 2, and then 40% on year 3 and 4. The argument is that they have a demanding work culture which people want to leave after a year or two, but are then incentivized to stay to earn out the bulk of their grant, or alternatively that they promise huge grants knowing that many people will not get to the point where they are collecting the bulk of it.