25%
25%
25%
25%
YR 1
YR 2
YR 3
YR 4
Stock Type
RSU
At Lyft, RSUs are subject to a 4-year vesting schedule: 25% vests at the end of the 1st year (cliff), then 25% in each of the 2nd, 3rd and 4th years (6.25% every 3 months).
Alternatively, Lyft has now begun issuing single year vesting schedules with no cliff. Candidates receive a grant for their first year vesting every 3 months, and upon yearly evaluation receive grants for subsequent years. The pros are protection from the stock price declining, the cons being that you may see limited upside from stock growth.
Compensation from verified offer letters & W2 statements emailed to you bi-weekly! Learn More →