Stock vesting at Google
My recruiter mentioned that my stocks would be vested monthly or quarterly from day1. All other companies I know vests 25% at 1st year anniversary and quarters after. Is it not the same at Google? I just want to confirm what my recruiter said is true.
there’s no cliff
If you get enough stock at Google, it vests monthly. Technically, there’s a two to three month period before your first vesting event, and the first vesting event should be for two months instead of one. It’s pretty generous, just don’t expect to be selling RSUs one month into your new job; there are some delays with getting the program ramped up for a Noogler.
It’s not the same at Google as what you see elsewhere. Google: no 1 year cliff, others: 1 year cliff. The monthly/quarterly vest hinges on the total number of shares. If you are granted enough shares, you will vest monthly.
My recruiter told me today that my GSUs would vest on a 6 month basis. Sounds like they are wrong? Or is it different for TPM?
It depends how much stock you have. If you have a certain amount, then you vest monthly. Below a threshold, they roll it up.
This was for their initial offer of 400k/4 years.
I think the criteria is that you at least get one stock after taxes .... hence the vesting is done based on total stock grant
Another question on tbis If one gets 400 a year how much would they get in refresher at the end of year one (if they do get any)
Current rule is that the vesting scheduling depends on the number of shares for each award. I forget the exact numbers, but something like a stock award of 160 or more shares vests every month. Between 120 to 160 vests every 3 months, etc. This is per stock grant so you can have different stock awards on different schedules in parallel. For example because of different award time and amount, you might have your sign on grant vesting monthly while a stock refresh might be vesting biyearly. There is no vesting cliff. ie, starting to vest only after X amount of time