It is my understanding that the standard vesting period for the senior-level people is 4 years. During that 4 year vesting period, is it normal to do a 100% vest after the fourth year or are some investors ok with cliff vesting?
by Naomi Kokubo, Cofounder of Founders Space
Here is a typical four-year stock option vesting schedule for employees:
That’s usually how things are structured, although there are always exceptions to the rule. Also, some employees may receive additional stock options that vest over four years as a bonus or reward for good performance. These additional stock options have their own vesting start date.
One more thing, founders usually own founders shares, but the company typically reserves the right to buy them back. This is different from employee stock options described above, but the end results tend to be similar.
I hope this helps!