Re:DoorDash removing 1-year cliff for equity grants
by joshuamorton on Wednesday July 07, 2021 @10:17PM
(#27767861)
GP is correct in that some companies (Stripe, MS, others) convert the dollars to shares at vest time, while others do so at grant time.
The first way makes employees lose out on an average of 2 years of stock growth.
ESPP-like programs, on the other hand, are always dollar denominated and exchanged at a set rate at the end of the offering period.