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This seems like a reasonable vesting schedule for any company large enough that any individual employee is unlikely to substantially alter the trajectory of the
by JoshuaDavid 5y ago
This seems like a reasonable vesting schedule for any company large enough that any individual employee is unlikely to substantially alter the trajectory of the company as a whole. Especially in the case of Lyft, which is public, if you want more exposure to the trajectory of the company you can always buy more shares.
On the other hand, if employees are assuming that the stock price will go up and this increase in stock price will comprise the majority of the increase in total compensation, opposing this kind of policy makes sense.