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It is because they have a different vesting schedule from most companies. Instead of 25% of your stock annually with a 1 year cliff, they pay out 5%, 15%, 40%,
by thisguy47 5y ago
It is because they have a different vesting schedule from most companies. Instead of 25% of your stock annually with a 1 year cliff, they pay out 5%, 15%, 40%, 40%. So once your signing bonus is up, your shares ramp up.