The "switch" here is in the wording. This is supposed to be 1-year grants vs a 4 year grant We the former you total payout is rebased each year. With the la

The "switch" here is in the wording. This is supposed to be 1-year grants vs a 4 year grant We the former you total payout is rebased each year. With the later you get to reap the growth in rsu value.