Wasn't true when I was (re-)hired a year ago. Grant is in dollars, it's converted to shares based on the share price when you start, and then you that fixed nu

Wasn't true when I was (re-)hired a year ago. Grant is in dollars, it's converted to shares based on the share price when you start, and then you that fixed number of shares divided by the number of vesting periods over the term of the grant. The vesting period depends on how big the grant is; low-level employees will likely vest quarterly, mid/high-level monthly. No cliff; they removed it a couple years ago.