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Compensation at Verkada

Vesting Schedule

40%

30%

20%

10%

YR 1

YR 2

YR 3

YR 4

Stock Type

Options

At Verkada, Options are subject to a 4-year vesting schedule: 10% vests at the end of the 1st year (cliff), 20% in the 2nd year (1.67% every month), 30% in the 3rd year (2.5% every month), 40% in the 4th year (3.33% every month).