How does stock bonus /refresher works?

Question

FANG salary (or similary bay area) posting with bonus numbers, i understand it vests over few years (e.g. 200k/4years vesting).

How about next year after joing?
How does refresher work after 4 years vesting cycle?

Idk1234567 · Accepted Answer

You usually get more year so that after a year you’ll be vesting stock every year. I got 80k that I got 1/3 after a year then I get vests of the remaining every quarter over 2 years. Yearly refreshers are set up so that by the time that’s done I’ll already be vesting more.

Stock incentives are always set up so you loose money if you leave and if they stop giving you refreshers they probably don’t care if you do.

19g616kyjayk75 · Answer

You get additional refreshers each year after joining including when your initial grant is vesting that stack with the original grant and all other refreshers. Each refresher vests over 4 years from the grant date. There's no change in refreshers after 4 years. At least at Google there was some attempt to prevent severe cliffs.

Without stock growth or perf changes, the 4th year has highest TC because you have 2-3 stacking refreshers + your initial grant vesting. On the 4th year you only have your refreshers. However, 4 years without growth in either have historically been the exception.

How does stock bonus /refresher works?

About

Tech

Members