Do we know if the 1st vesting continues to be 1 year after the stocks are granted?
Yes it’s one year after stock is granted
Does this apply to new hires too ? If so, RSUs mentioned in the offer will be cut 1/4th , is that correct ? Haven't received my grant yet
No matter who you are if your grant is before 9/1 it’s 1/4. Only grants given after 9/1 are 1/3.
Which months in the year do they approve these grants?
I only know of two dates 11/10 and 6/10
So if I join in December 2022, I'll get my first RSUs on 6/10/2024?
A friend joined Cisco in Aug, but the RSUs haven’t been granted yet. How much time does it take typically ? Looks like it will be a 3 year grant although the offer letter said a 4 year grant
They won’t see the grant until around 11/10 and their vesting period will begin 11/10. If it’s before Sept it’s 4 year no matter what. Only grants in Sept and after are 3 years. Yes they “lose” the time from Aug to Nov as vesting period.
Thank you! This is very helpful. Also, do you know what is the average RSU refresher at G13/14 level non tech ?
For new grants only going forward.
Thank you ! is it official ?
Yes it’s official. I know some of the posts on blind are bs, but this is definitely official.