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It also helps employees' vesting schedules by smoothing them out.
by tylerhou 4y ago
It also helps employees' vesting schedules by smoothing them out.
- deleted 4y ago[deleted]
- saagarjha 4y agoHow so? Most vests are substantially more than a single share.
- tylerhou 4y agoNot so on refreshers for lower level employees. $70k-$100k over 4 years amounts to barely one share a month at current GOOG prices. Add in tax withholding and it’s about half a share. So they generally vest quarterly instead of monthly. After this split they can vest monthly.