Apples RSU vesting schedule and ESPP policy

Jun 24, 2019 9 Comments

What is Apples vesting policy for their RSUs?

Also if a new Hire is joining in mid July could he/she still participate in the ESPP program?

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TOP 9 Comments
  • Apple FPPM52
    My experience is that RSUs will vest every six month (1/8 of your grant). Except the first year. So your first vest is on your first year anniversary. For the ESPP, you need to confirm your enrolement before July 31st.
    Jun 24, 2019 2
    • Nvidia monolith_
      OP
      Thanks!
      Jun 24, 2019
    • Apple
      ST8izGr8

      Apple

      PRE
      BT
      ST8izGr8more
      There is no longer a 1 year cliff. RSU will vest every 6 months
      Jun 24, 2019
  • Apple / Eng Boomhauer
    Yes, every 6 months 12.5% of your allotment vests.
    Jun 24, 2019 0
  • Nvidia monolith_
    OP
    When are the stocks actually granted i.e when is the grant price decided?
    Jun 24, 2019 2
    • Apple FPPM52
      Grant price is decided at grant date. (~1 month after you start working.)
      Jun 24, 2019
    • No
      Grant price is the EOD price of the day the grant team/management within your org assigns it to you which is 15th of the following Month after u join
      Jun 24, 2019
  • RSU new hire grants now vest 12.5% every 6 months. The first vest used to be 25% after a year.
    Jun 24, 2019 0
  • 🙄
    Jun 24, 2019 0

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