[monktastic1]

Monthly vesting in the first year?

[seangrogg]

Yep. That's what I had at Google. Was selling shares as soon as I acquired them (no issue with GOOG but I preferred more diversification). I recall there being some admin time needed (~2-3 months?) before I had access to said shares but as soon as I did all 2-3 months worth were "vested" and I started cashing out.

[chapplap]

Monthly at Google, quarterly at Facebook.

[Zhenya]

The vest frequency depends on the size of the grant.

Some grants (small) once a year Bigger - quarterly Large - monthly

[Domenic_S]

Can confirm that at G.

[freepor]

The only point of the one year cliff is to pay someone less, or keep a startup’s cap table clean. For a public company there would be no point.

[eru]

The other point is to bind people to the company.

It's very similar to a sign-on bonus you can claw back in the first year or two.