Sure! So in simplest terms, some big US companies like to give stock as part of their compensation package. In this article I mention it’s $300,000.
You won’t receive all $300,000 all at once. Typically companies like to give them out a portion once a year. It’s usually 25% per year for 4 years.
Since that’s the schedule, after your 1 year work anniversary, you’ll get a big deposit of $300,000 *.25 = $75,000 worth of Google stock
What people don’t know is that the percentage over those 4 years can be negotiable. I shared I was interested in 33%, 33%, 22%, 12% vesting schedule.
Meaning after my 1 year work anniversary, I’ll receive a deposit of $300,000 *.33 = $100,000 instead.
Hope this helps,
Alex