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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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.
Thanks! Very helpful! :)
what does cliff mean?