(Airbnb) stock refresher vesting schedule?

Thumbtack / Eng Jf5zkdjsj
May 15, 2018 11 Comments

How does Airbnb’s stock refresher work? Granted every year, vesting over the following 4 years, with the first quarter of the refresher vesting immediately? How does it work at other companies?

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TOP 11 Comments
  • Airbnb slackbot
    There’s a one year cliff on all stock grants at Airbnb. Vesting is quarterly.

    Google has no cliff and vests monthly.

    Facebook has no cliff and vests quarterly.
    May 15, 2018 4
    • Thumbtack / Eng Jf5zkdjsj
      OP
      Thanks! Very helpful! :)
      May 15, 2018
    • Capital One $$$$$$&
      what does cliff mean?
      May 20, 2018
    • Airbnb slackbot
      You need to work for that long before you can start vesting regularly. So, after your one year anniversary, you start vesting.
      May 20, 2018
    • Google / Eng fyn22b
      Fwiw Google vests based on the size of the grant. It might be yearly, twice a year or monthly depending on the size.
      Sep 1, 2018
  • Snapchat Evan’sBaby
    Snap has no cliff and vests from month 1 🤷🏽‍♂️
    May 16, 2018 5
    • Snapchat FFNb38
      Tfw your shares are worth 50% of the grant price
      May 16, 2018
    • Facebook gLKg44
      Is it still 10/20/30/40 at Snap? Same for refreshers?
      May 16, 2018
    • Snapchat Evan’sBaby
      Nope. Flat vesting now. If stock remains stable (it’s a big if) Snap is paying top of market.
      May 16, 2018
    • Facebook gLKg44
      That's awesome. When did it change?
      May 16, 2018
    • Snapchat Evan’sBaby
      This Feb.
      May 16, 2018