Tech IndustryApr 7, 2022
LyftJkwe

pinterest stock vesting

hi folks, how does pins stocks vest for new hires? is there a one year cliff? is it quarterly vested? what are the commencement dates for vesting? thanks! #

Pinterest hdhdhd78 Apr 7, 2022

One year and then it’s every three months ( I think I forgot lol)

Amazon cnh31h Apr 7, 2022

One year cliff is not true.

Pinterest hdhdhd78 Apr 7, 2022

Maybe I don’t know what this means lol. I didn’t vest until 1 year

Amazon cnh31h Apr 7, 2022

Quarterly vesting. But your initial grant RSU count is determined based on the last 60 day average in the quarter. So even if you join now, you have to wait until July to get to know how many RSUs your initial grant in $ translates to.

Lyft Jkwe OP Apr 7, 2022

Is there a one year cliff?

Amazon cnh31h Apr 7, 2022

No

This comment was deleted by the original commenter.
Amazon cnh31h Apr 9, 2022

Hmm, i would suggest taking this down. Though this is not critical detail, it is not good to post internal info verbatim.