5 ms·
Typically, there's a "cliff" after the first year, at which point it switches to quarterly. So you get nothing the first three quarters, but after quarter 4 (y
by piercebot 5y ago
Typically, there's a "cliff" after the first year, at which point it switches to quarterly.
So you get nothing the first three quarters, but after quarter 4 (your first year at the company), 25% of your 4-year grant is immediately vested. Every quarter after that is another 6.25% of your initial grant.
I believe the point they were trying to make in the article is that, instead of quarterly grants following the pattern of:
[0%, 0%, 0%, 25%, 6.25%, 6.25%, ...]
It would instead follow the pattern:
[6.25%, 6.25%, 6.25%, 6.25%, 6.25%, ...]
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- deleted 5y ago[deleted]